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<strong>Branch campus</strong> – A permanent location of a school that: is geographically apart and independent of the main campus; offers courses leading to a degree or recognized academic credential; has its own faculty and administration; and has its own budgetary and hiring authority.
consumer society (D1, PO)<br />A society which devotes a high proportion of its income to luxury goods and undertakes JittJe saving. Only MARKET ECONOMIES have been prosperous enough to choose this !ifesty!e.<br /><em>See also:</em> conspicuous consumption
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<strong>AY</strong> – Academic year; the standard federal definition of an academic year is July 1 through June 30. This acronym may also be used to abbreviate “aid year” and “award year.”
asset sweating (M2)<br />Raising bank finance on the security of the property owned by a company. Sweating can also be effected by SECURITIZATION of the property.
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