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1 ESCHEAT It refers to the right of a

government to take ownership of


estate assets or unclaimed
property. It most commonly occurs
when an individual die with no will
and no heirs. Escheat rights can
also be granted when assets are
unclaimed for a prolonged period of
time.
2 RECEIVERSHIP It is a situation in which an
institution or enterprise is held
by a receiver—a person "placed in
the custodial responsibility for
the property of others, including
tangible and intangible assets and
rights"—especially in cases where a
company cannot meet its financial
obligations and is said to be
insolvent.
3 INSURANCE It is a cooperative engaged in the
COOPERATIVE business of insuring life and
poverty of cooperatives and their
members.
4 MOBILIZATION It is the action of bringing
resources into use for a particular
purpose.
5 CEILING It is the maximum permitted level
in a financial transaction. The
term can be applied to a variety of
factors, such as interest rates,
loan balances, amortization
periods, and purchase prices.
6 DEPUTIZE In law, the term is almost always
restricted to the substitution of a
person appointed to act for an
officer of the law.
7 LIQUIDITY It means how quickly you can get
your hands on your cash. In simpler
terms, liquidity is to get your
money whenever you need it.
8 STABILIZATION It is a fund maintained by a
FUND government to control the foreign
exchange quotation of its currency.
9 SEQUESTER It means to take legal possession
of assets until a debt has been
paid or other claims have been met.
10 REFERENDUM It is a direct and universal vote
in which an entire electorate is
invited to vote on a particular
proposal and can have nationwide or
local forms. This may result in the
adoption of a new policy or
specific law.

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