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January 17, 2018 

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INFRASTRUCTURE: Capital used for transportation, communication, and energy delivery. This is often termed social overhead capital because it provides the basic capital foundation needed by an economy before business capital can adequately do its job.

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CREDIT CARD: A piece of plastic (about 2 inches by 3 1/2 inches) that authorizes a user to make use of a pre-established loan (or line of credit) with a bank, store, or other business when conducting transactions (that is, buying stuff). Credit cards a simply a means of easily and quickly borrowing the funds needed to make a purchase. Some folks confuse credit cards with money, using the term "plastic money," in that both are used to facilitate purchases. However, credit cards create a liability (the loan), while money is an asset. The only real plastic money is debit cards.

     See also | loan | liability | credit | money | asset | debit card | bank |


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CREDIT CARD, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2018. [Accessed: January 17, 2018].


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INFORMATION SEARCH

The decision to seek out or produce information based on a comparison of the cost of acquiring the information and the benefit obtained from the information. Efficient information search is achieved with a equality between the marginal cost of search and the marginal benefit of search. Because the marginal cost of search is invariably greater than zero, search effort stops short of acquiring complete information.

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APLS

RED AGGRESSERINE
[What's This?]

Today, you are likely to spend a great deal of time at the confiscated property police auction seeking to buy either a flower arrangement for that special day for your mother or a New York Yankees baseball cap. Be on the lookout for slow moving vehicles with darkened windows.
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The word "fiscal" is derived from a Latin word meaning "moneybag."
"Being defeated is only a temporary condition; giving up is what makes it permanent."

-- Marilyn vos Savant, Author

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