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Davos man (FO)<br />A businessman, banker, official or intellectual who is a literate and numerate graduate with a belief in individualism, market economics and democracy. These men, from any culture, control governments and their economic capabilities. The World
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Cohesion Fund (00)<br />EUROPEAN UNION fund created in 1993 by the MMSTRICIIT TREATY to provide money for environmental and trans-European network projects in member states whose gross domestic product is less than 90 per cent of the EU average. The fund can contribute up to 85 per cent of the public expenditure on a project.
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<strong>Delinquency</strong> – A period that begins on the day after the due date of a loan payment when the borrower fails to make the equivalent of at least one full payment.
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<strong>Plain Language Disclosure statement</strong> – Document providing FFEL Program terms and other information in “plain language” (instead of jargon).
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