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<strong>Borrower</strong> – A person who obtains a loan and must repay it. This term is NOT synonymous with “student.”

<strong>C record</strong> – A record type included in CommonLine application send files as a part of the School Certification Request (SCR) process.

Dutch auction (D4)<br />A method of selling which consists of an auctioneer inviting a bid much higher than what is regarded as likely to be acceptable to the buyers. The starting price is gradually reduced until a buyer shouts 'mine' and accepts the item at that price. In Holland, an automated method is used for such auctions: the buyers face a 'clock' with prices on its face and a pointer moves gradually counterclockwise from the higher to the lower prices.<br /><em>See also:</em> auction

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