What does PLUS mean in Universities?

This page is about the meanings of the acronym/abbreviation/shorthand PLUS in the Academic & Science field in general and in the Universities terminology in particular.

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Definition

What does PLUS mean?

asset, plus(noun)
a useful or valuable quality

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"PLUS." Abbreviations.com. STANDS4 LLC, 2015. Web. 4 Jul 2015. <http://www.abbreviations.com/term/293914>.