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<strong>Totally and permanently disabled</strong> – the condition of an individual who is unable to work and earn money due to an injury or illness that is expected to continue indefinitely or eventually result in death.
liquid assets (E5, G2)<br />Cash plus short-term assets (loans and bills of exchange soon to mature) which can be quickly converted into cash without a capital loss to the asset holder.
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factor market (D4)<br />A market for a FACTOR OF PRODUCTION. The most prominent of these markets are the labour market and the capital market. In such markets the buyers are firms and the sellers are households - a reversal of the roles of firms and households in PRODUCT MARKETS. The principal task of such markets is to arrive at a MARKET CLEARING PRICE. Factor markets are linked to product markets because the demand for a factor of production is derived from the demand for its product.
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