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Eurobond market (Gl)<br />An international market, founded in the early 1960s, as a PRIMARY and SECONDARY MARKET in BEARER BONDS issued OUtside the country of that particular currency. The anonymity of this market has attracted investors who wish to remain discreet about their holdings. Previously able to avoid any regulation, it is now under the ASSOCIATION OF INTERNATIONAL BOND DEALERS in the UK. It has become a leading world securities market.
<strong>Application Send File</strong> – The CommonLine file type used to send application information to guarantors and/or other entities so that FFEL Program loans may be guaranteed and disbursed.
Bergson social welfare function (D6) The welfare of a community in a given time period expressed as a function of the amounts of consumer goods produced, the amounts of labour and non-labour factor inputs and the production unit for which the work is performed. BERGSON, in his approach, intended to challenge the view that a community's welfare is the sum of individuals' welfare.<br /> <br /><em>Reference</em><br />Bergson, A. (1938) 'A reformulation of certain aspects of welfare economics', Quarterly Journal of Economics 52: 310-34.
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<strong>Auxiliary Loans to Assist Students (ALAS)</strong> – This federal student loan program was available from 1981 to 1986; in 1986 it was re-named the Parent Loans for Undergraduate Students (PLUS) program.
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