BURSARY Definition

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BURSARY is the treasury of a public institution or religious order.

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BIG BANG are changes in UK stock exchange practices that took place in 1986. They permitted institutions such as banks and insurance companies to own stock exchange subsidiaries, abolished the segregation between brokers and jobbers and ended the system of fixed commissions.

VERIFIABILITY is where the fact is capable of being tested (verified or falsified) by experiment or observation.

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