EXPECTED FAMILY CONTRIBUTION - EFC
Amount of money a student’s family is anticipated to contribute to education costs in a given year. It is computed by subtracting the school expense to the expected family contribution. The EFC takes into the account family household income, size of current household, assets, and number of family members enrolled in college at present.
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Quote Driven Market
An electronic stock exchange system in which prices are determined from bid and ask quotations made by market makers, dealers or specialists. In a ...
Confidential Treatment Order - CTO
Order giving confidential treatment for specific documents and information a firm will file. The Securities and Exchange Commission (SEC) issues th ...
Kickback
A bribe or a payment from an individual in business or private sector for a person in the government or politics. It aims to persuade or influence ...
Austrian School
School that was formed in Vienna in 19th century by Carl Menger. It believes that the workings of broad economy is the sum of small actions of some ...
Mumbai Interbank Forward Offer Rate - MIFOR
A rate the Indian banks and other derivative market partaker utilized as a benchmark for fixing prices on the forward rate arrangements and interes ...
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Ethical Investing: Knowing Human Rights and Workers` Rights
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