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<strong>DAA</strong> – Default Aversion Assistance, assistance provided to a lender by the guarantor in order to prevent a delinquent loan from defaulting. A lender must submit a DAA request (DAAR) to the MDHE when a borrower is more than 60 days delinquent on a student loan.
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Certification Officer (J5)<br />UK official whose post was established in 1975 with the particular remit of certifying that trade unions are independent; also concerned with the political funds of trade umons.
capital budgeting (M2)<br />Appraising the financial implications of investment plans using techniques such as calculating DISCOUNTED CASH FLOW, NET PRESENT VALUE, PAYBACK METHOD and RATES OF RETURN. As major investments are risky and irreversible, capital budgeting is a crucial managerial activity of firms.
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