- Principal
- The initial amount of money on which interest, returns, or tax liabilities are calculated.
- Interest rate
- The percentage charged or earned per period on the principal, expressed as an annual rate unless stated otherwise.
- Compounding
- The process by which interest is added to the principal so that subsequent interest is earned on the combined amount.
- Present value
- The current worth of a future sum, discounted at a given rate to account for the time value of money.
- Singapore Employment Act
- A key concept referenced by the Singapore EA Coverage: Determine Singapore Employment Act coverage. Since April 2019, all employees except public servants and domestic workers are covered, with Part IV protections for workers earning up to SGD 2,600/month.
- EA coverage Singapore
- A key concept referenced by the Singapore EA Coverage: Determine Singapore Employment Act coverage. Since April 2019, all employees except public servants and domestic workers are covered, with Part IV protections for workers earning up to SGD 2,600/month.
- Part IV protections
- A key concept referenced by the Singapore EA Coverage: Determine Singapore Employment Act coverage. Since April 2019, all employees except public servants and domestic workers are covered, with Part IV protections for workers earning up to SGD 2,600/month.
- SGD 2600 threshold
- A key concept referenced by the Singapore EA Coverage: Determine Singapore Employment Act coverage. Since April 2019, all employees except public servants and domestic workers are covered, with Part IV protections for workers earning up to SGD 2,600/month.
- Singapore labour law
- A key concept referenced by the Singapore EA Coverage: Determine Singapore Employment Act coverage. Since April 2019, all employees except public servants and domestic workers are covered, with Part IV protections for workers earning up to SGD 2,600/month.