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acid-test ratio (M2, M4)<br />The ratio of liquid assets such as cash, accounts receivable and short-term marketable securities to current liabilities. Also known as quick assets ratio.
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<strong>GED</strong> – General Educational Development certificate, an equivalent of a high school diploma. (See also “Ability to benefit.” )
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<strong>Lender of Last Resort (LLR)</strong> – A student loan lender that agrees to make Stafford Loans to qualified students, regardless of the type of school, school' s CDA, etc. The MDHE offers an LLR program for Missouri students.
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