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cumulative security (Gl )<br />A stock exchange security which accumulates unpaid interest or preference dividends so that the holder does not suffer from a year of poor profitability. In return for this greater security of income, many cumula tive PREFERENCE SHARES are without voting righ ts.
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<strong>EFA</strong> – Estimated Financial Assistance (or Aid), a school' s estimation of the amount of financial aid for which the student is eligible during any given enrollment period. EFA may include loan, grant, or scholarship aid from federal, state, institutional, or other sources.
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