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balloon payment (GO)<br />An additional and large charge levied at the end of a lease or loan. bancor (F3)<br />An international currency proposed by KEYNES at BRETTON WOODS as part of his INTERNATIONAL CLEARING UNION scheme. It was hoped that this new currency would be the medium for settling intercountry indebtedness. As Keynes's recommendation was not accepted, the US dollar assumed the role designed for bancor.
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country, or part of it, which make economic and social activities possible by providing transportation, public health and education services and buildings for community activities. Railways, airports, hospitals, schools, roads, sewerage systems and reservoirs constitute the major types of social capital. Although in the nineteenth century many of these were financed privately (e.g. the railways), after 1945 in many countries most infrastructure investment has been the responsibility of the public sector. Countries with the poorest infrastructures are either those with low per capita incomes, i.e. the less developed countries, or those with governments practising LAISSEZ-FAIRE policies which seek to minimize the role of the state.
<strong>Period of enrollment</strong> – As defined by federal regulation, the period for which a Stafford or PLUS loan is intended. The period of enrollment must coincide with a bona fide academic term established by the school for which the school' s charges are generally assessed. For instance, a semester, quarter, or entire academic year might be a student' s period of enrollment.
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