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Definition
| Interest paid only on the original principal, not on the interest accrued. |
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Definition
| Interest computed on the accumulated unpaid interest as well as on the original principal. |
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Term
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Definition
| A rule of thumb method used to determine how many years it takes to double investment money at a given growth or interest rate. |
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Definition
| Not subject to taxation, as the capital or income of a philanthropic organization. |
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Term
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Definition
| Of or relating to an investment that is not liable to taxation until income is withdrawn or an appointed date is reached. |
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Term
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Definition
| The annual percentage rate is the finance charge the borrower actually pays, including loan Interest points, and origination fees. |
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Term
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Definition
| yield = experimental yield/theoretical yield * 100 |
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Term
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Definition
| A certificate from a bank stating that the named party has a specified sum on deposit, usually for a given period of time at a fixed rate of interest. |
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Term
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Definition
| a maturity date, a specified fixed interest rate and can be issued in any denomination. |
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Term
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Definition
| A U.S. government savings bond that offers a fixed rate of interest over a fixed period of time. |
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