Word: lieu
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...draw attention to North House's newly built grill--part of the multi-year Quad renovation project--the managers will be offering free pizza to house residents on October 16, in lieu of the house's traditional milk and cookies...
Although Harvard's affiliate housing is tax-exempt, the rents it receives do affect city revenues. For the past two decades the University has paid the city 11.11 percent of its annual rent income "in lieu of taxes." The payment came to $989,543 in fiscal 1988. Harvard also paid the city $2,561,642 on its taxable property...
According to Walsh, the Council should consider putting the affiliate housing back on the tax rolls when the in-lieu-of-taxes agreement expires this December 31, because it might produce more revenue for the city...
...feminist activists, the First Women's Bank of New York has helped demolish several old-fashioned notions, like the idea that women are not well suited to handle money. But the bank is not above appealing to stereotypical womanly values. It now offers fine sable coats, in lieu of interest, to big-time customers. A deposit of $50,000 for five years earns a Canadian sable worth $25,000, or putting down $100,000 brings a $60,000 Russian coat. The furs are the equivalent of an 11 1/4% interest rate. The offer strikes many feminists as ironic and animal...
...lieu of flowers, donations may be made to St. John's Methodist Church...