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cyclical variations (Cl)<br />Movements in a TIME SERIES brought about by the BUSINESS or TRADE CYCLE. These components of changes in the values of a variable can be removed from raw data by first removing seasonal variations by making a SEASONAL ADJUSTMENT and then dividing the adjusted data by corresponding trend values. & D & D (G1)<br />A SECUR ITY of questionable value according to the rating agency Standard & Poor.<br /><em>See also:</em> AAA; BBB; BB; Q DDR
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<strong>SF</strong> Within CommonLine file specifications, loan type code used to indicate a subsidized Federal Stafford Loan.
<strong>Escrow agent</strong> A guarantor or other eligible entity that receives the proceeds of a FFEL Program loan as an agent of an eligible lender for the purpose of transmitting those proceeds to the school.
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