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information technology (03)<br />Methods of generating, processing and communicating information, especially using computer hardware and software. EXPERT SYSTEMS, data networks and electronic mail have revolutionized many functions of management and made possible the globalization of financial markets. In modem economies it has become central to the working of most firms and could be responsible for the beginning of a new LONG WAVE.<br /><em>Reference</em><br />Zorkoczy, P. (1982) Information Technology An Introduction, London and Marshfield, MA: Pitman.
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establishment (M1)<br />A place of business, a factory or a plant which is part or the whole of a firm.
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<strong>Origination Fee</strong> A fee charged to offset the federal government' s cost of interest subsidies (for subsidized Federal Stafford Loans) and reinsurance payments for loans that either default or are eligible for forgiveness or discharge. This fee, if charged to the borrower, may be subtracted from the borrower' s loan proceeds at the time of disbursement.
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