Word: drawbacking
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Dates: during 1950-1959
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Some foreign investors feel that the insurance, although relatively inexpensive, costs more than it is worth. Others complain of difficulty in getting speedy approval from foreign governments, which can delay a policy for months with red tape. One important drawback is that the guaranty program does not insure against devaluation, by which a nation can halve the value of its currency-and a firm's profits. Nor does it protect against sudden policy shifts, involving unfair import quotas, unfavorable exchange rates, discriminatory tax and wage laws or even government-inspired labor unrest...
...concert as a whole was not as good as some of its parts, owing to a curious method of programming which seemed calculated to upset with each piece the effect of the preceding work. But there was enough great music-making to more than compensate for this drawback...
...only drawback to such a large program, aside from the language problem, Merrill said, is Russian unwillingness to send small delegations to dispersed places. The Russians prefer large groups, he stated, so that the members can "watch one another...
...greatly to the need to test several versions of similar equipment to find out which is best for commercial power production. But for the AEC and dozens of private subcontractors that built it, Shippingport will provide the first really thorough investigation of nuclear plant safety-the main drawback so far to production for profit...
...onetime Yale public-relations man (but not a Yale grad), took three tries to get into city hall, but has made so much of the job once there that-with his fat victory margin-he has now become the front runner for the Democratic senatorial nomination next year. Possible drawback: a serious case of stomach ulcers. ¶ In Detroit (pop. 1,905,000), once racked by racial hate, Democratic Lawyer William T. Patrick Jr., 37, became the first Negro member of Detroit's non-partisan city council. A World War II pilot making his debut in politics, Patrick promised...