Word: flowing
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...University's explanation for this penny-pinching is that they must keep the flow of endowment funds steady from year to year. Administrators fear that a large influx of money in a good year could be followed by a drought during a bear market. They add that the majority of the endowment is restricted, reserved for certain uses within the University (salaries, buildings, etc.), and so to increase the payout of funds for, say, facility construction would be inefficient in a time when the University is not looking to build...
...University's explanation for this penny-pinching is that they must keep the flow of endowment funds steady from year to year. Administrators fear that a large influx of money in a good year could be followed by a drought during a bear market. They add that the majority of the endowment is restricted, reserved for certain uses within the University (salaries, buildings, etc.), and so to increase the payout of funds for, say, facility construction would be inefficient in a time when the University is not looking to build...
This eastward flow is central to the physics that drive El Nino, says Scripps' Nicholas Graham. The sloshing sends waves across the ocean like ripples in a pond. These waves, in turn, push down on the so-called thermocline, a layer of cooler water that normally mingles with the warmer water at the surface. As the thermocline sinks to greater depths, the mixing stops, temperatures at the sea's surface rise, and an El Nino begins...
...have fallen 33% since the 1980s [BUSINESS, Jan. 26]. I don't understand the logic behind that staggering price, but I do know why fewer people are watching the NFL. The networks use, and sometimes even call, time-outs to insert commercials at every conceivable chance. They disrupt the flow of the game by presenting more advertising than action. The new agreement may last until 2005, but by then, will anyone be watching? R. CONRAD STEIN Chicago...
WHITE OUT A single hit of cocaine may cause arteries in the brain to narrow, finds a study. With regular use, blood flow can decrease--causing memory loss and other cognitive problems...