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pure inflation (E3)<br />An extreme case of INFLATION such that the prices of all products and FACTORS oF PRODUCTION are increasing at the same rate.
soft loan (GO)<br />A loan on easy terms, i.e. at a lower than market rate of interest and repaid over a longer period of time than is customary. This easing of the terms of credit has often been used to encourage the development of Third World countries and the depressed regions of industrialized countries.
<strong>Administrative Wage Garnishment (AWG)</strong> – Process by which federal student loan holders may withhold a portion of a borrower' s wages after a loan is in default.
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