Word: depositing
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Dates: during 1990-1999
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...Asia is experiencing severe growing pains. Banks have loaned too much money, using inflated property values as collateral. In Thailand many banks have loaned more money than they have on deposit, and some 20% of the nation's lending has been done by especially aggressive, largely unregulated nonbank financial companies. Most of these "fin-cos" are headed for extinction. It's a recipe for a flood of bad loans and higher interest rates. The economy there is headed for a slowdown, possibly a recession, in short order...
...committee's central concern was with the University's General Operating Account (GOA), an internal bank of sorts where Harvard requires its nine schools to deposit their working capital--a total of $1.676 billion in fiscal year '96. The central administration, in turn, invests the funds which are not immediately needed and uses these profits to cover about 47 percent of its budget, by far its largest income source...
...committee's central concern is with the General Operating Account (GOA), a University bank of sorts where Harvard requires its nine schools deposit all their non-endowment assets--a total of $1.676 billion in fiscal...
...locally, with much of the money passed on informally to local lay leaders at Sunday services. "By Monday," says Elbert Peck, editor of Sunstone, an independent Mormon magazine, the church authorities in Salt Lake City "know every cent that's been collected and have made sure the money is deposited in banks." There is a lot to deposit. Last year $5.2 billion in tithes flowed into Salt Lake City, $4.9 billion of which came from American Mormons. By contrast, the Evangelical Lutheran Church in America, with a comparable U.S. membership, receives $1.7 billion a year in contributions. So great...
...drive through the Martian countryside should begin this Friday, July 4. At about 10 a.m. Pacific time, after a seven-month journey, NASA's Pathfinder spacecraft will deposit the robot car--dubbed Sojourner--on the Martian surface, marking the first time an American spacecraft has kicked up the Martian soil since the Viking landings in 1976. More important, it will be the first time that NASA has been able to move an unmanned vehicle from place to place on a foreign world. "I truly believe," says project scientist Matthew Golombek, "that Pathfinder will change our view of Mars...