Word: bonde
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Dates: during 1970-1979
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...short period (usually 90 days, never longer than nine months) and generally bought by another corporation that has some spare cash to lend. The issuer need not register with the Securities and Exchange Commission, give the buyer a prospectus or back the promise with collateral. His word is his bond...
...paper may be ending, and some new financial difficulties may be beginning. The big buyers of commercial paper are now carefully scrutinizing the credit worthiness of the issuers, and many companies may have difficulty selling new paper. They may then take their great borrowing demands to banks and the bond market, which are not quite prepared to handle...
Litton has been fighting for that contract for three long years. The company first persuaded the Mississippi legislature to vote a controversial $130 million tax-exempt bond issue to build the most modern shipyard in the country. Litton then contracted to lease the facility from the state for 30 years, paying enough to retire the bonds. The yard uses speedy, cost-cutting "modular" techniques developed by the Japanese; sections of ships are built separately, swung into place and welded together. Litton's hopes for defense work were hardly dampened by the fact that Mississippi's Senator John Stennis...
...Roman Catholic Church holds that marriage between Christians is more than a social institution or a physical bond. In its view, it is a sacrament: a spiritual union that bestows supernatural gifts on the marriage partners. Moreover, it is indissoluble. As Jesus Christ told the Pharisees, "What God has joined together, let no man put asunder." Divorce, the church concludes, is an evil: civil divorce, but not remarriage, is permitted only to those Catholics who have been allowed to live apart by ecclesiastical courts. For a Catholic who wants to remarry and remain in the church, the only escape from...
...form than on the content of the marriage: on the marriage rite itself, on the intent of the partners at the moment of marriage and on the physical consummation of the union, rather than on any evidence of spiritual growth in what is held up as a spiritual bond. Impotence, for instance-either total or relative to the other partner-invalidates a marriage. So does lack of free consent by one or both parties (as in a "shotgun wedding"), or pre-agreed conditions that in the church's eyes violate the idea of true marriage, such as a refusal...