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<strong>Unsubsidized loan</strong> – A loan that is not based on need and is NOT eligible for federal interest benefits. The borrower is responsible for the interest that accrues on any unsubsidized loan, including unsubsidized Federal Stafford Loans, Federal PLUS Loans, and Graduate PLUS Loans.
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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.
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numeraire (DO, E4)<br />A measuring rod for stating relative prices;
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