Examlex
Salary expense plus amortization of deferred compensation expense for the year would equal cash paid for salaries.
Off-Campus
Referring to activities, housing, or locations that are not located within the grounds of a college or university.
Subsidized Loans
Loans where the government pays the interest while the borrower is in school, during grace periods, or during deferment periods.
Unsubsidized Loans
Loans where the borrower is responsible for the interest during all periods, starting from the time the loan is disbursed.
Debit Card
A card that directly subtracts funds from a buyer's checking account to finance a purchase.
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