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<strong>Loan maintenance</strong> – Term used to describe change transactions, such as disbursement cancels, disbursement date changes, etc.
market (D4)<br />A medium for exchanges between buyers and sellers. Some markets are physically located in one place; others connect buyers and sellers by telephone, fax and e-mail, especially in the case of financial markets. Markets for goods and services are termed 'product' markets; for labour and capital, 'factor markets'. There is a linkage between factor and product markets in that the demand for a factor is derived from the demand for its product. Dealers in a market seek to create an EQUILIBRIUM between demand and supply at a particular price. However, the existence of many market imperfections, e.g. MONOPOLY and ASYMMETRIC INFORMATION, distorts markets. A full set of markets must include markets for FUTURES and for risk taking. Markets have also been classified according to whether they are FIXPRICE Or FLEXPRICE.<br /> See also: black market; buyer's market; capital market; clearing market; common market; contingent market; controlled market; currency market; discount market; dual labour market; efficient market; Eurobond market; Eurodollar market; external labour market; factor market;
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advanced organic economy (PO)<br />An ECONOMY which reaches a considerable level of real income by using agricultural products, especially wood, for energy and raw materials. A pre-industrial economy. References Wrigley, E.A. (1988) Continuity, Chance and Change, ch. 2, Cambridge: Cambridge University Press.
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<strong>MSGP</strong> – Missouri Student Grant Program. Original name for the Charles Gallagher Student Financial Assistance Program, which was discontinued after the 2006-07 academic year and replaced by Access Missouri on August 28, 2007.
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