Word: fractionating
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...allies in the cold war spent trillions of dollars keeping the Soviet Union from blowing up the world. For a fraction of that amount, the West can help prevent the former Soviet Union from blowing itself up, with all the political -- and perhaps literal -- fallout that would mean for the rest of the world...
...Macmillan Computer Publishing for $158 million and Berlitz International for $265 million. But with the deal market in a slump, there have been few takers and even fewer good offers. To attract buyers, the Maxwells have practically had to conduct a fire sale, selling assets for only a fraction of their worth. The Official Airline Guides has been on the auction block for months, for instance, but its likely buyer, Britain's Reed International, will probably not pay more than $500 million. Maxwell paid $750 million for the guide three years ago. Now even some of the deals thought...
...promise to pay for any finds. Says Josephson: "An Egyptian farmer will not report an archaeological find for fear his fields will be confiscated. So he either throws the object away or sells it to a cousin in Cairo." Though a peasant who finds an artifact makes a small fraction of its retail value -- one contraband Cambodian Buddha head on sale in Hong Kong recently carried a $37,000 price tag -- it is better than nothing...
...gold, or for securities trading -- only the initial securities purchaser would get the break when he sold. Such a rifle-shot tax cut would be a huge incentive to invest in new companies, and to fund the expansion and modernization of old ones, but at a tiny fraction of the cost of an across-the-board cut. It would be a boon for Wall Street, making it that much easier to issue new securities. And it would be a snap to administer, because broker confirmation slips already denote newly issued stocks and bonds. In short, it would be cheap...
...Most of the time [politicians are] just raising money from a fraction of the people to buy campaigns to stay in power to keep doing the same things," said Brown, who is limiting contributions to his campaign to $100 per person...