Word: decapitalizeã
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...recent high-cost initiatives.At a meeting of the full Faculty, the three professors, members of the FAS Resources Committee, said the Faculty would begin dipping directly into its endowment by 2010 in order to pay for part of the deficit. Their presentation outlined a plan to “decapitalize?? part of the Faculty’s endowment—a rare measure that transfers additional endowment money into the budget on top of the normal annual payout.In addition to decapitalization, the committee’s plan emphasized a more concerted and aggressive fundraising effort, which they said...
| 1 |