Word: depositer
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...third provision of the bill would require corporations which are relocating to deposit an amount equal to 15 per cent of their employees' gross earnings in a community fund, Zweig said...
...outsiders, there does not seem to be much in Chad worth fighting about. Carved out of former French Equatorial Africa, it is impoverished, plagued by drought, malaria and periodic locust swarms. Its only known resource is a uranium deposit far in the north. Perhaps it is Chad's poverty (annual per capita income: $120) that makes its religious and ethnic rivalries so fierce. With so little to go around, each side must fight all the harder to obtain a life-sustaining share...
Fortunately, most defense suppliers will be able to absorb at least the immediate impact of the cutback. As is the case with nearly all U.S. military exports, the Defense Department protects manufacturers by routinely requiring buyers to deposit enough money in a Government-administered trust account to cover a company's start-up costs under a contract. The money, which in the case of Iran totals $500 million, is held in escrow until work is completed and all the equipment has been delivered and paid for. At the same time, the contracts themselves also normally require buyers to make...
...fact, for many Americans, today's high rates have become a bonanza. The reason: since June, banks have been offering money market certificates. These are six-month time deposits that pay interest equal to-or when sold by a savings and loan, a quarter-point better than -what the Government has to offer to sell its six-month Treasury bills. And while regular bank certificates of deposit normally cannot be had for under $100,000, MMCs sell for as little as $10,000; many people have switched their savings to them...
...mortgages. In New York, Pennsylvania and other states that have usury laws, mortgage-rate ceilings are now lower than the rates banks have to pay on the MMCs. As a result, some S and Ls have begun using the cash they have received for MMCs to buy certificates of deposit paying 11% or more...