Word: fractionalized
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Dates: during 2000-2009
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...These critics say it should have been obvious to the sophisticated financial firms who bought that insurance that AIG had no ability to pay out on such claims. So when AIG ran out of money, buyers of its insurance should have been forced to settle those claims for a fraction of what they were due. Instead, AIG took money from the government and paid the claims in full. (See 25 people to blame for the financial crisis...
...screening efforts underway primarily in urban areas throughout Latin America, sub-Saharan Africa and South Asia, but they serve only a tiny slice of the population who would benefit, according to Sankaranarayanan. For example, "in India, less than one million pap smears are taken each year," he says, a fraction of the more than 200 million women who are at risk for developing cervical cancer...
...reported that a new HPV test, called careHPV, is easier to use, produces results faster and is just as effective as the Hybrid Capture II. Researchers say that when careHPV becomes available - Sankaranarayanan anticipates it will be on the market within two years - it will cost a fraction of the price of the Hybrid Capture...
...same time, there is an enormous potential windfall in the taxation of marijuana. It is estimated that pot is the largest cash crop in California, with annual revenues approaching $14 billion. A 10% pot tax would yield $1.4 billion in California alone. And that's probably a fraction of the revenues that would be available - and of the economic impact, with thousands of new jobs in agriculture, packaging, marketing and advertising. A veritable marijuana economic-stimulus package! (Read "Is Pot Good...
...harder to fix up a pair of sneakers. Plus, consumers might be trading down from expensive golf equipment to shoes. Instead of splurging on a $700 set of new clubs, which rarely wear out to the point you can't use them, golfers can buy new shoes for a fraction of that cost. This way, they feel like they're saving money while getting a necessary upgrade. (See pictures of shoes worn by Olympians...