Word: exceeding
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Dates: during 1980-1989
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Harvard's planning for the management of its endowment--in similar fashion to the planning of most other universities--is based on the maintenance of market value of the endowment and on the assumption that the rate at which income is distributed from that endowment cannot consistently exceed a level of approximately 4.0% to 5.0% of market value without reducing the value of the endowment. A rate of distribution higher than this level in the absence of continuous, significant capital appreciation can be maintained only if the rate of return earned by the assets in which the endowment is invested...
...hopes to expand the boundaries of the Medical Area, which the hospital and the MHPC set in 1976. Also, BWH wants to exceed a local ordinance limiting the ratio between the floor space of the tower and the land it rests...
When a student cannot establish his need for additional funds he may decide to cancel or pay back a portion of his loan or he may decide to stop working. But each case in an individual one. Students will not automatically exceed their earnings ceiling by working second semester. No students have been notified so far that they are approaching their earnings ceiling...
...cost that could exceed $43 billion, the 4,800-mile Alaska-Canada natural gas pipeline will be the most expensive privately financed construction project in history, surpassing by far the $9 billion spent on the 789-mile Alaskan oil pipeline during the 1970s. Last week the U.S. House of Representatives passed a bill already approved by the Senate that could make the project the most controversial as well...
...students are working through Harvard's "self-help" plan-a combined loan-job financial aid package which may not exceed $2600 a year for freshmen, or $3200 a year for upperclassmen. If the students work into the second semester they will exceed this limit, Martha Homer, director of the student employment office, said yesterday...