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broker loan rate (G1)<br />US money market rate, usually 1-1Vz per cent below the US prime rate, charged on the debit balances of margin traders; often
lacking (E2, E3)<br />ROBERTSON'S term for SAVINGS.
<strong>FDF</strong> Federal Default Fee, a loan program fee required by the Deficit Reduction Act of 2005 to offset the risk of default and its subsequent costs. All Stafford and PLUS Loans guaranteed on or after July 1, 2006 must be assessed a one percent default fee. The fee either must be deducted from the borrower' s loan proceeds at the time of disbursement or paid by a third party from other non-federal sources (such as by a lender or servicer). Also referred to as DFee.
Oaxaca wage decomposition (13, J7)<br />A method of distinguishing wage differences due to human capital characteristics from those based on DISCRIM!NAT!ON.<br /><em>Reference</em><br />Oaxaca, R. with Ransom, M. (1994) 'On discrimination and decomposition of wage differentials', Journal of Econometrics, 61: 5-21.
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