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<strong>Income-sensitive repayment schedule</strong> – A repayment schedule for some FFEL Program loans under which the borrower' s monthly payment amount is adjusted annually, based solely on the borrower' s expected total monthly gross income received.
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dawn raid (G1)<br />A method of acquiring the shares of a company popular in London in the early 1980s. A company was taken over by rapid purchase of shares at the beginning of the working day. Since shares were acquired at different prices, the International Stock Exchange Council has now regulated this technique.
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common stock (G1)<br />The EQUITY capital of a US corporation. The owner of common stock is entitled to vote in general meetings, to receive declared dividends and to obtain a share in the net assets of the corporation on its dissolution. This stock does not usually have a PAR VALUE.
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