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<strong>Recall (of a claim)</strong> – A lender request to a guarantor to return a default claim that has already been filed but has not yet been paid because the claim no longer qualifies for default.
staggered wage contract (J3)<br />Contracts made at different times with the consequence that the later contracts are influenced by the terms of the previously concluded contracts.<br /><em>See also:</em> wage round
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central place theory (B1)<br />An account of the way a continuous hierarchy of economic activities determines the optimal locations of cities. It takes into account THRESHOLD POPULATION size and the IDEAL LIMIT of consumers' travel to trading enterprises. The central place is the settlement in a region complementing it, offering goods and producing services for consumers at dispersed points. This key settlement is often located at the geogra- phical periphery because of factors such as marketing and traffic <br /><em>Reference</em><br />Christaller, W (1966) The Central Places of Southern Germany, Englewood Cliffs, NJ: Prentice Hall.<br /> Losch, A. (1954) The Economics of Location, New Haven, CT: Yale University Press.
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