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infant industry (LO)<br />A new industry with a low output and high average cost. As it is usually uncompetitive relative to producers in other countries it often attracts assistance under an IN;us. TRIAL POLICY or through PROTECTION.<br /><em>See also:</em> tariff
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<strong>MCCA</strong> – Missouri Community College Association. May be found on the world wide web at
www.mocca.org.
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debt finance (G2)<br />Short- or long-term fixed interest finance that does not involve the transfer of ownership but usually requires collateraL Whatever the financial success or failure of an enterprise the commitment to servicing the debt remains. It is contrasted with EQUITY finance.
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