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Today's Terms
Uniformity of the rule's application
Definition:
It is unlawful to apply rules to singled-out individuals only. Inconsistencies in rule applications violate the Just-Cause context of employer and employee.
Dividend
Definition:
Money earned on stock holdings; usually, it represents a share of profits paid in proportion to the share of ownership.
Mutual fund
Definition:
An investment company that continually offers new shares and buys existing shares back on demand and uses its capital to invest in diversified securities of other companies. Money is collected from individuals and invested on their behalf in varied portfo
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