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zero growth (EO, 04)<br />The characteristic of an economy m a STATIONARY STATE. CLASSICAL ECONOMISTS feared the movement of the economy to stationarity, excepting John Stuart MILL who was willing to approve of no growth, providing that there was a satisfactory income distribution. In modern advanced economies this has been suggested as a goal on the grounds that growth of the GROSS NATIONAL PRODUCT generates SOCIAL coSTS in the form of pollution, congestion and more arduous work, as well as running down non-renewable resources too rapidly. Zero growth is often expressed as a condemnation of all growth rather than an attack on particular undesirable economic activities. However, changes to more environmentally-friendly production techniques make economic growth more acceptable.<br /><em>See also:</em> Club of Rome
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<strong>Income-contingent repayment schedule</strong> – A repayment schedule for some Direct Loans under which the borrower' s monthly payment amount is adjusted annually, based on the borrower' s income, family size, and debt amount.
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American Depository Receipt (G2)<br />A share certificate or bearer security entitling the holder to shares of a non-US company which have been deposited in a bank located outside the USA. This US financial instrument, originally devised in 1927, is now traded on both US and UK stock exchanges.
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