Word: deposit
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Tough Medicine. To tighten money, Finance Minister Ichimada asked Japan's central bank to 1) hike its rediscount rate from 7.3% to 8.4%, 2) tighten up reserves of commercial banks to make loans harder to get, and 3) raise deposit requirements on import licenses from 5% to 35% of the shipment's total value, thus immediately tying up an estimated $40 million worth of importers' funds. As a result, imports dropped an average $25 million monthly, were actually slightly behind currency-earning exports for the month of October. Moreover, inflation at home lost some of its steam...
...traffic rules" prescribe that no place in the freshman class of a medical school shall be offered to an applicant more than one year before the actual start of instruction for that class, and the payment of a non-refundable deposit shall not be required of any applicant prior to January...
...Conservative Party is the conservation of that deposit of faith, that living experience which came here with Columba and Augustine 14 centuries ago, and expressed itself in a living society, a nation nurtured in honor, compassion and love, dedicated to endless adventure in the pursuit pf liberty under...
Lowell, president of the Boston Safe Deposit and Trust Company and of the Boston Museum of Fine Arts, is also a trustee of the Lowell Institute, an organization for promoting adult education in Greater Boston...
...late Aga Khan may have outsmarted himself and deprived his heirs of millions. While much of the half-billion was stored in such tax havens as Lichtenstein, Tangier and Switzerland, his heirs, according to a Paris gossipist, are hunting for the balance of about $100 million in safety deposit vaults of banks around the world, where the Aga often made deposits under assumed names, and in many investments-stocks, plantations, mines, real estate-that he made in the names of trusted go-betweens whose identities he alone knew...