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Old 08-04-2011, 09:14 PM   #226
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Default Top monetary news in Telford

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<strong>EFT</strong> – Electronic Funds Transfer, the transfer of funds via an electronic method such as wire, which is realtime, or Automated Clearinghouse (ACH), an overnight process.

<strong>LDA</strong> – Last Date of Attendance, the last day the student was physically present in class, as confirmed by the student' s attendance records. An LDA may also be referred to as an out of school date (OSD) or, if the student completed the program of study, the actual graduation date.
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revolving credit (02)<br />Credit available for an indefinite term for the same amount because the credit used is matched by regular payments from the debtor. An example is permitting credit card holders to use the card up to a particular limit, $10,000: when that limit has been reached and the amount due paid, the credit is available again.
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National Bureau of Economic Research (E6)<br />An independent econom1cs institute founded in 1920 and based in Washington, DC. Its famous research series includes the seminal work of KUZNETS on NATIONAL INCOME and the studies by MITCHELL and BURNS of the business cycle. Its dominant concerns have been macroeconomic.
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