Word: loaning
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...picture taken with the cup. Then I put it in its case and wheeled it to 48th Street Pawnbrokers, where owner Linda Tillman sized it up. Linda didn't know much about hockey, but she knew the price of silver. She appraised it at $250 and offered us a loan for half that before three businessmen spotted it and came rushing in. Seeing publicity opportunities, Linda raised her bid to $1,000. "No pawnshop pays that much," she assured...
...essential personality in the fight for women's rights." DIED. CLIFF HILLEGASS, 83, founder of the yellow-and-black Cliffs Notes series of study guides that saved the posteriors of legions of American high-schoolers; in Lincoln, Nebraska. Hillegass started the business in 1958 with a $4,000 loan; the firm was sold in 1999 to IDG Books Worldwide for more than $14 million. DIED. NICOS SAMPSON, 66, guerrilla leader of the 1974 Cyprus coup that triggered the Turkish invasion that cut the island in two; in Nicosia, Cyprus. An advocate of unification with Greece, Sampson fought British colonials...
...flexibility. Instead of picking from a handful of mutual funds, an IRA offers infinite choices: stocks, bonds and funds. There are drawbacks: you can't borrow against your savings, as you can with a 401(k). But if you lose your job, you'll have to pay back any loans against your 401(k) anyway. If you don't, the loan amount is usually treated as an early distribution--that 10% penalty again...
...picture taken with the cup. Then I put it in its case and wheeled it to 48th Street Pawnbrokers, where owner Linda Tillman sized it up. Linda didn't know much about hockey, but she knew the price of silver. She appraised it at $250 and offered us a loan for half that before three businessmen spotted it and came rushing in. Seeing publicity opportunities, Linda raised her bid to $1,000. "No pawnshop pays that much," she assured...
...flexibility. Instead of picking from a handful of mutual funds, an IRA offers infinite choices: stocks, bonds and funds. There are drawbacks: you can't borrow against your savings, as you can with a 401(k). But if you lose your job, you'll have to pay back any loans against your 401(k) anyway. If you don't, the loan amount is usually treated as an early distribution--that 10% penalty again...