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current deposit (G2)<br />A bank deposit of a UK bank which is payable on demand, now termed a SIGHT DEPOSIT.<br /><em>See also:</em> demand deposit; time deposit
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<strong>Refund</strong> – The difference between the amount the student paid toward school charges and the amount the school can retain under a refund policy. The federally mandated calculation is referred to as R2T4. (See also Return of Title IV funds.) Within CommonLine file specifications, refunds are requested by submitting the CTSF @1-11 transaction.
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corrective subsidy (D6, H2)<br />A suBSIDY given to a firm as an incentive for internalizing an EXTERNALITY; a pay- ment to cover the social costs borne by a firm.<br /><em>See also:</em> Pigovian subsidy
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