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marginal social damage (QO)<br />The total cost, private and non-private, to society of producing another unit of a good or service injurious to people and the environment, e.g. a chemical works with pollutant by-products will increase the private costs of its owner and also any member of society coming into contact with the pollution. There is no incentive to abate pollution if the marginal cost of abatement is greater than the marginal social damage.<br /><em>See also:</em> marginal cost of abatement; marginal private damage
<strong>FYE</strong> – First year experience, a term used related to students' first year in attendance at a postsecondary institution.
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at the money (G1)<br />The state of an OPTION where its UNDERLIER equals its STRIKE PRICE.
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<strong>Repayment start date</strong> – the date the repayment period begins. For Stafford Loans, the repayment period begins on the day following the last day of the grace period. For PLUS Loans, repayment begins on the date the loan is fully disbursed. (PLUS Loans are, however, eligible for an in-school deferment when the borrower is enrolled at least half time.)
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