Word: escrowed
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Dates: during 1990-1999
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...business. People are quitting their day jobs and finding they can support themselves entirely by selling on eBay and other auction sites. Traditional retailers are significantly augmenting their revenue by selling on eBay, and some are shutting down their stores entirely. Businesses that piggyback onto online auctions--insurers, shippers, escrow services--are booming. Offline businesses that compete with eBay--from antiques stores to classified-ad sections--are bracing for trouble...
...Group of Toledo, Ohio, which claimed to pay 14% on a one-year maturity. "We wanted to have a sound investment, retire and have some peace and tranquillity," says Linke. After the first few quarterly payments arrived from the company, the money suddenly stopped coming. Liberte Capital blames its escrow agent for the problem. Now Linke and her fellow investors' money is frozen while a court-appointed receiver tries to resolve the dispute...
...arrives in San Mateo, a 20-min. drive from his Menlo Park office, for a meeting with the founders of iEscrow, a website that provides escrow services for online consumers. Chin's firm has decided to fund iEscrow, and he's here to seal the deal. "How often will we see you?" one of the CEOs asks. "We'll see you at the public offering," Chin says, implying that he doesn't plan to help out much. He's just kidding. "Look, you can tell I have a passion for this. I'm the Internet guy," he says. "My style...
...seniors Megan L. Peimer '97 and Ezra W. Reese '97 established an "alternative" senior gift fund to protest the lack of tenured women on the faculty. Peimer and Reese asked seniors to withhold their donations from the University and to store them in a private escrow account instead until Harvard hired more women to tenured spots. The fund raised several thousand dollars overall...
...city council members voted present on the order because they said they support a clause in the state bill that requires tenants to put unpaid rent into escrow during housing disputes...