Word: limits
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Dates: during 1970-1979
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...cent of each work week on outside consulting--in effect, working a four day week. "Privileges and Benefits states that "It has been the practice of the Faculty of Arts and Sciences to permit an individual who wishes to undertake outside consulting to do so up to a limit of one day a week...
...while the guideline does include a time limitation, it does not limit the amount of money a professor can earn in addition to his salary. At a time when the average professor's salary places him squarely in the middle class, especially with the Boston area's high cost of living, many professors engage in academic moonlighting to pad their University income. Rosovsky explained that "faculty members are under very severe financial strain," and added that consulting "permits some people to earn outside income...
...Hercules had to shell out twice as many dollars as it had bargained for to meet the 7% interest and repay the principal (both denominated in Swiss francs). Ever since, says Peter Petersen, Hercules' European money manager, Hercules has been forced to play the currency-trading game to limit its risk...
...medicine does not seem to be working. Loan demand so far has remained robust. That is one reason the money supply has expanded at an annual rate of 11.3% in the past two months, well ahead of the Reserve's target limit of 6.5%. Nor has the dollar shown any appreciable signs of strengthening. Thus many experts believe that even higher interest rates are on the way, even though Reserve Chairman William Miller has said that borrowing costs are at or near their peaks. Henry Kaufman, a top money analyst at Salomon Brothers, believes the prime rate could...
...There's just a limit to the price prospective homeowners can or are willing to af ford. It is simple economics that house prices can't climb faster than paychecks forever...