Other definitions of the term currency are discussed in their respective synonymous articles banknote, coin, and money. The latter definition, pertaining to the currency systems of nations, is the topic of this article. Currencies can be classified into two monetary systems: fiat money and commodity money, depending on what guarantees the value (the economy at large vs. the government's physical metal reserves).
Federal aid offers Direct subsidized and unsubsidized loans. The difference between these two loans is that subsidized loans are based on financial need and the interest does not accrue while the student is in college, as the interest is paid by the federal government.
leveraged loan. Definition. A loan provided to a company already holding a considerable amount of debt. Because the company being given the loan is already highly leveraged this type of loan carries more risk to investors, who require higher rates of return in order to compensate for the higher risk of default or insolvency.