Word: debenning
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...resemble, the debentures offer a fixed rate of return in interest. Usually the principal is repayable 25 years later, in two installments. Under that arrangement, recipients of debentures qualify for the so-called installment-sale tax provisions. If they swap shares in a target company for the conglomerate's deben tures, they pay no capital-gains tax on the deal until they get their money back in 25 years. Debentures are doubly attractive because they are generally convertible into common stock at an above-the-market price. For the companies that issue them, debentures offer an even bigger tax break...
...comme il faut in its advertising. The court not only reversed this judgment but ordered the local authorities to let the firm alone henceforth. The Spanish language, said the court, had not been harmed, and besides, the firm had printed under the French phrase the Spanish words Modes como deben...
There was no telling what might be going on, these summer nights, down by the Deben and under the scented hedgerows of Woodbridge. She spoke with Mrs. Juby, the Methodist minister's wife. They decided to organize the Voluntary Vigilantes. Last weekend, just at dark, a dozen earnest matrons equipped with brand-new hats and armbands patrolled in pairs. From time to time their torches (flashlights) stabbed the soft gloom of Suffolk's night. But they found nothing. Undaunted and unconvinced, they decided to make their rounds a little later next time. Explained Mrs. Juby: "Girls everywhere like...
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