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Old 08-02-2011, 10:03 PM   #128
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<strong>Financial aid package</strong> – The total amount of financial aid that a school awards a student for any given aid year. Also referred to as “financial aid award.”

divergence threshold (F3)<br />The crucial value of the DIVERGENCE INDICATOR for a currency of the EXCHANGE RATE MECHANISM. At this value, either a change in the domestic economic policies of the country concerned or a change in the PAR VALUE of its currency is required.

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objective function (DO, EO)<br />A statement in equation form of a dependent variable which has to be maximized or minimized by independent variables attaining optimal values. In the case, e.g. of a UfiLITY FUNCTION, utility is the dependent variable to be maximized and quantities of different goods are the independent variables which have to be optimally combined.

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