Word: defers
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David, who makes money somehow in real estate, might be her tutor in that regard. He takes her to concerts and auctions, and for a weekend at Oxford. Yes, he wants to go to bed with her, but that's a pleasure she has decided to defer till she's 17. All she asks is that, when the time comes, David should "treat me like an adult." (Apres-sex, she remarks, with more curiosity than regret, "All that poetry, and all those songs, about something that lasts no time at all.") Father Jack should be opposed to David...
...companies intended 401(k)s - which were originally called salary-reduction plans but then renamed for the portion of the tax code that makes them possible - to be a perk for highly paid executives, not a pension replacement. That's because lower-paid employees probably could not afford to defer a portion of their paychecks. So companies held on to their pension systems even as they added 401(k)s, which by law they had to make available to all employees. When the market took off in the 1980s, the rank and file clamored to get in. (Read why older...
...their core activities and move further out on the risk spectrum and jeopardize the whole operation. So much more stringent capital requirements for banks as they get larger, to make sure that as they get larger they get more boring. For compensation, one way to mitigate risk is to defer some chunk of compensation so that it's only success over time that you get paid for. Having a compensation czar dictate who should earn what is probably not a great solution...
...genuine peace. When the government said they needed to try those that bore the greatest responsibility, that's what hastened the end of that conflict. Justice is a necessary ingredient to the establishment of peace. There's always an argument that justifies doing nothing, but you can't defer it forever...
...journey to a women's prison outside the capital of Kuala Lumpur. Instead, the van pulled over after just 200 m while officials from the Prisons Department, the Attorney General's chambers and the Islamic courts argued over the case. In the end, a decision was made to defer the caning because of the Ramadan fasting season that had started on Sunday. "This is sad, [because] I am being kicked about like a football," Kartika said on her return home. "I was hoping to be caned and get on with my life." (See pictures of Malaysia...