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golden share (Gl, Ml)<br />A voting share in a company, especially one which has been privatized, which can prevent the company from being taken over and gives the holder the power to insist that the company be run in a prescribed way. The UK government retained such shares when it privatized NATIONALIZED INDUSTRIES.<br /><em>See also:</em> privatization
<strong>School as Lender (SAL)</strong> – A school, other than a correspondence school, that has been approved to act as a lender under the FFEL Program for its graduate and professional students. (Note: to participate as an SAL, the school had to be participating as of April 1, 2006. No new schools are being approved to act as their own lender.)
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