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<strong>Freely associated states</strong> – States under U.S. jurisdiction whose residents are eligible for federal student aid. Includes the Republic of the Marshall Islands, the Federal States of Micronesia, and the Republic of Palau.
general government net worth (H6) The fixed capital stock of central or local government less its net financial liabilities. This BALANCE SHEET approach to the study of government finance has been suggested as a framework for assessing a government's ability to sustain its economic policies. It also has the useful function of making governments distinguish productive investments from debt servicing.
orderly market agreement (Fl, Ll)<br />1 A restrictive trading agreement between the firms of an industry which is experiencing a decline in the total demand for its output. In response to this decline, voluntary quotas are agreed between firms to allow a more orderly adjustment to a lower level of sales, avoiding cut-throat price competition so that each firm can at least maintain its individual sales level. But there is limited scope for introducing these agreements as, if they are made by a group of firms without the approval of government, they are likely to violate national COMPETITION POLICIES.<br /> 2 An agreement between countries to
<strong>Change Transaction Send File (CTSF)</strong> – The CommonLine file type used to send change transactions to guarantors, lenders, and/or servicers so that FFEL Program loans may be updated. CTSFs are divided into pre-disbursement transactions (@1-09) and post-disbursement change transactions (@1-10).
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