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asset specificity (GO)<br />The unique character of a durable asset, e.g. a machine, a skilled worker or a production site, which means that it has a low return in other uses. For many specific assets the cost of employing them is in the nature of a SUNK COST.<br /><em>See also:</em> economic rent; transfer earnings
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<strong>MODEL</strong> – Missouri Direct for Educational Loans, the MDHE' s system used to guarantee and track FFEL Program loans and borrowers.
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external account (F4, G2)<br />1 The BALANCE OF PAYMENTS accounts of a nation.<br /> 2 A bank account of a person who is not a resident of the country.
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