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over-the-counter market (G1)<br />Trading in shares outside of a stock exchange by licensed brokers. This type of stock market has existed in the USA since the 1870s.
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<strong>Partial cancellation</strong> – Pre-disbursement cancellation of a portion of a loan or disbursement rather than a full cancellation of an entire loan. May also be referred to as a disbursement amount change and is defined within CommonLine file specifications' @1-09 record. (Note: the post-disbursement version of this transaction is defined within the @1-10 record.)
speculative demand for money (E4)<br />The DEMAND FOR MONEY arising from stock market speculators leaving the market because of their expectation that no further capital gain can be obtained from investing their cash holdings. As bond prices and interest rates are inversely related, when bond prices are thought to have reached a peak, interest rates will be at their minimum - the LIQUIDITY TRAP. There is thus an inverse relationship between the rate of interest and the speculative demand for money.
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