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Old 08-06-2011, 07:35 AM   #497
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patriarchal monopoly (D1)<br />The state of a household in which the wife does no market work, cannot exit through divorce and has ECONOMIC RENT extracted by her husband. The husband buys goods at market prices and sells them to his wife at a higher, indirectly measured, price thus obtaining the rent.
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paradox of lending (G2)<br />Banks are most willing to lend to people with least need to borrow. People with high incomes and little debt are the most creditworthy and hence attractive as bank customers but in less need of bank finance. paradox of liquidity (GO)<br />The attempt to obtain cash by selling nonliquid assets which fails if done on a large scale. When many owners liquidate assets, asset prices fall and it is more difficult to obtain purchasers. Thus the strong desire to increase liquidity has made the fulfilment of the desire less achievable.

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<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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