Word: borrows
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Dates: during 2000-2009
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...going forward, how do we strike the right balance between the "democratization of credit" and the overextension of debt? We have to go back to the notion of credit basics. In other words, to buy a house, you can't borrow more than, let's say, 2½ times your gross salary. We know the financial institutions are retrenching themselves right now. The question is, Has the consuming public learned anything from this? That's the more difficult issue...
...covers damaged. "There are a lot of problems with the manuscripts," says Timbuktu's imam Ali Imam Ben Essayouti, 62, who has bought several manuscripts from locals who need the cash and sense they might otherwise lose them altogether. "Houses collapse in the rain. The termites eat them. People borrow them and never bring them back...
...word would fade for years until it was reborn in the early '90s, used again to describe a generation of middle-class youths interested in an alternative art and music scene. But instead of creating a culture of their own, hipsters proved content to borrow from trends long past. Take your grandmother's sweater and Bob Dylan's Wayfarers, add jean shorts, Converse All-Stars and a can of Pabst and bam - hipster...
...plan to tax the insurers who offer the most expensive health-insurance plans. Doing so would generate some tax revenue - though far less than the $1 trillion-plus over 10 years that could be generated by eliminating the tax-benefit break entirely - and possibly help "bend the curve" (to borrow the wonky slogan du jour) of rising health-care costs. The theory is that high-end insurance that covers everything at little or no cost to consumers discourages those people from shopping around for less expensive care and encourages wasteful overuse of the health-care system...
...billion line of credit and is willing to pay back any loans at 1.25 percentage points above the London Interbank Offered Rate, a common reference point for setting floating interest rates. The University's current $2 billion line of credit, set to expire next month, allows it to borrow $250 million more at an interest rate 0.25 percentage points higher than...