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<strong>Missouri College Guarantee PLUS Program</strong> – A scholarship program based on financial need, academic achievement, and participation in the federal TRIO Programs. This scholarship program was administered by the MDHE through the 2006-07 academic year and was replaced by Access Missouri August 28, 2007.
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limited company (L2)<br />A firm owned by shareholders whose liability is limited to the amount of capital subscribed. Since the mid-nineteenth century this has been a powerful means of financing large firms. The extent to which this form of organization is used varies from country to country. In Germany, for example, as it is viewed with suspicion, very few companies are limited liability and public. The development of SECONDARY MARKETS in unlisted securities has encouraged the movement to limited liability.<br /><em>See also:</em> joint stock company; Unlisted Securities Market
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