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beggar-my-neighbour policy (F1)<br />A PROTECTIONIST foreign trade policy which attempts to improve the domestic economy at the expense of foreign countries. This policy was at the heart of much of
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20 subsidiary (L4)<br />A subsidiary of a US bank holding company or a bank foreign to the USA permitted by the FEDERAL RESERVE on a case-by-case basis to engage in underwriting and security dealing. The section is part of the Bank Holding Act.
out of the money (G2)<br />For a CALL OPTION where the UNDERLIER is below the STRIKE PRICE; for a PUT OPTION where the underlier is above that price.
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<strong>Lender of Last Resort (LLR)</strong> – A student loan lender that agrees to make Stafford Loans to qualified students, regardless of the type of school, school' s CDA, etc. The MDHE offers an LLR program for Missouri students.
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