Word: loaning
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...instance, approximately 80 percent of Singaporeans live in government housing, which are not at all like housing projects in the U.S. Singaporeans own their own apartments; each Singaporean citizen has the chance to buy an apartment from the government at cost and to take out a no-interest loan to pay for it. As a result, every Singaporean is a homeowner and has a stake in the society. The housing complexes contain take-out restaurants designed to cater to two-earner households, grocery stores, day-care centers, old-folks homes and other facilities designed to make the housing complexes into...
...Servais, a young Belgian musician, contrived to play it before Czar Nicholas I. The Princess Yusupova, the story goes, had fallen for Servais in a big way and lent him the Stradivarius. The Czar praised the performance, and the Belgian modestly replied that it was surely due to the loan of the great cello. Whereupon the enamored princess exclaimed: "Oh, it wasn't a loan, it was a gift!" The Czar's court was said to be distinctly underwhelmed by this gesture, but Servais - allegedly after threatening to make public some intimate letters to him from the princess-was allowed...
...This week, Patrick Barta of the Wall Street Journal wrote that a home-appraisal process dominated by mortgage brokers working on commission instead of banks (who actually loan the money) may be inflating home prices beyond their worth. In Barron?s, Alan Abelson devoted his weekly column to the possibility of "a jerrybuilt boom," and called the housing frenzy "the last great asset bubble" - one that may be about to pop. And TIME?s own Dan Kadlec writes this week that housing?s traditional year-long lag behind a falling stock market is about to kick...
...average size of a federal student loan for undergraduates at a private university in the 1999-2000 school year was $5,161, compared with $4,967 five years earlier...
...profile, highly competitive European leagues. Last Monday, Gamba Osaka's star midfielder Junichi Inamoto, 21, joined English Premier League giants Arsenal in a deal worth a reported $5.5 million. The week before, Bolton Wanderers, another Premier League side, took Cerezo Osaka's Akinori Nishizawa, 25, on a 10-month loan. Across the North Sea, Urawa Reds' midfielder Shinji Ono, 21, signed a reported $4 million deal with first division Dutch side Feyenoord. In Italy, A.C. Parma paid league champion A.S. Roma a cool $26 million for the services of Hidetoshi Nakata; the 24-year-old midfielder, now firmly established...