Word: dickered
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Dates: during 1970-1979
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...also wants to share in American technological advances. The U.S., on the other hand, insists that Russia first pay back $800 million it still owes America in Lend-Lease debts. Unable to reach an agreement on the issue, the negotiators established a joint commission that will continue to dicker...
...computer. A client can consult Instinct's "offer file" for any of 1,550 stocks by punching keys on his teletype, which prints out a list. If a buyer spots an offer he wants, he can instruct the computer to connect him with a potential seller to dicker over the terms. To preserve the coveted anonymity, both parties are identified only by coded numbers. A deal is closed when a trader pushes the teletype's "accept" button. Instinct began operating last December, and this year its 25 subscribers (mostly banks) hive made 500 trades involving...