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second economy (P4)<br />The market-oriented part of a socialist economy run by private persons. It can be legal or illegal; increasingly, private enterprise has been permitted in the service sector in Eastern Europe.<br /><em>See also:</em> first economy <br /><em>Reference</em><br />Grossman, G (1977) 'The second economy of the USSR', Problems of Communism 26: 25-40.
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<strong>TRIO</strong> – Special federal programs for students from disadvantaged backgrounds.
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so further Congressional approval is needed to make some public spending changes.<br /><em>See also:</em> earmarking; ringfencing
advance (GO)<br />A bank loan or an overdraft which has a term of less than three years, usually less than one year. When a bank creates money, it does so by allowing advances to its customers, i.e. permitting them to draw on the extra bank deposits created for them. An overdraft is a permission to 'overdraw' up to a certain amount for a specified period, but a loan results in an immediate crediting of the borrower's account.
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