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<strong>Recertification</strong> – A process occurring every three years through which institutional eligibility for participation in the MDHE' s state student financial assistance programs is reviewed. Institutions must complete a recertification application to maintain eligibility.
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<strong>Funds</strong> – Any monies or commitment to provide money, including checks, electronic transfers via ACH or wire.
<strong>Automated Clearinghouse (ACH)</strong> – An overnight method of transferring funds electronically via the Federal Reserve.
fundamental value (G1)<br />That price of a security in a LIQUID MARKET equal to the present value of its future earnings.<br /><em>See also:</em> efficient market
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