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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Giffen Good
Good for which demand rises as the price escalates, and declines when the price decreases. It has an upward-sloping demand curve, contrary to the f ...
Inactivity Fee
Fee charged to investors by brokerages for infrequent trading in their brokerage accounts to meet the minimum trading requirement
CVE
Currency abbreviation for the Cape Verde escudo, the official currency of the Republic of Cape Verde. The CVE subunit is called the centavo. Instea ...
Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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