3.1 MEANINGS / DEFINITIONS:

3.1   MEANINGS :

Reservations –   the action of reserving something .

Possessor –  a person who owns something .

Acknowledging –  to admit to be real .

Bodied money –  token money .

Liability – a person or thing whose presence is unwanted.

Coincidence –  a remarkable concurrence of events .

Meditate –  be in deep silence .

Selective credit control –   to restrict bank finance against sensitive commodities .

Token coins –  a coin having an intrinsic value less than its face value .

Collateral –  secondary .

Contact –  close association .

Affordable credit –  cheap credit .

Periodically –  at regularly occurring intervals .