Word: base
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...bonuses or incentive compensation paid to a senior executive ... Golden Parachute: Compensation to (or for the benefit of) a Senior Executive Officer made upon severance from employment that exceeds specified thresholds. Under EESA [The Emergency Economic Stabilization Act], such compensation is limited to three times the executive's annual base salary ... Haircut: Difference in the value of the collateral and the value of the loan (the loan value is less than the collateral value...
...Incredibly, India is putting up fencing on the islands, too. On Masalabari, the most stable of the char islands, huge concrete cylinders that will form the base of a 53/4-mile (9.3 km) length of fence are lined up on the sand. The Central Public Works Department carried them out by boat during the summer monsoon, when water levels were high enough to transport heavy equipment, and they will eventually support the fencing that will separate the Indian side of the island from Bangladesh...
...this is a matter of principle for Russia, it is stupid politics.' ALEXEI MALASHENKO, of the Carnegie Endowment for International Peace, on reports that former Soviet republic Kyrgyzstan plans to close a U.S. military base, potentially jeopardizing NATO supply lines to Afghanistan...
Humans are supposed to be rational creatures. But while we strive to base our decisions on thoughtful deliberation and analysis, the occasional fit of passion has been known to creep in. Jonah Lehrer explores these warring impulses, revealing the mind to be a series of competing catalysts, a tangled network of reason and emotion. Using a raft of anecdotes and scientific studies, Lehrer answers some seemingly simple--and highly entertaining--questions. Does expensive wine really taste better than the cheap stuff, or are we biased by the price? Why do we spend more with a credit card than...
...extinction. But here on the Monterosa plantation near the town of Choroní, a small group of entrepreneurs and laborers has dedicated itself to making sure the bean flourishes once more. Monterosa's owner, Kai Rosenberg, has devoted the past 20 years to resurrecting the criollo strain and its gene base. "After I survived a rampant cancer, I decided I was going to do what I really loved," he says. "I used to be in insurance. Can you imagine?" (Watch TIME's video, "Bacon Chocolate...