Word: longer-term
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...Impose a security-transactions tax on each sale of a stock or bond to further encourage longer-term investment over churning. At the 0.5% rate charged by Britain and Japan, such a tax would raise $10 billion a year for the Treasury...
...Time insisted it was not for sale and that it could eventually boost the value of its shares well above $200 after acquiring Warner. The battle pitted against each other two contradictory interests that have been at war throughout the takeover era: the short-term enrichment of shareholders vs. longer-term growth and value. Declared the New York Times last month in its reporting on the landmark battle: "The outcome of the legal contest is of critical importance to corporate America...
...council responded by unanimously reelecting Lee and the rest of its leadership to a second term. But Lee's team would find that somehow, without their knowledge, the terrain of campus politics had altered. Gone was the pool of quick liberal causes, in its place was a morass of longer-term projects and underlying institutional questions...
...securities is exempt from state and local taxes. While rates have dipped below the peaks they reached in March, new three-month T-bill issues offered an attractive return of more than 8.5% last week. Investors daunted by the $10,000 minimum-purchase requirement for T-bills can buy longer-term Treasury notes and bonds in face amounts of $1,000 and $5,000. Such securities mature in two to 30 years and can pay more than 9% interest, which often exceeds the rates paid by bank certificates of deposit...
...Indian Ocean, like Australia and Indonesia. India's lease of a nuclear-powered Soviet submarine and its acquisition of Soviet-built long-range reconnaissance planes have raised anxiety in the Australian Parliament. In Jakarta an army colonel describes his government as "concerned" about India's longer-term intentions. For that reason, he explains, Indonesia is planning to build a large naval base on Sumatra to gain quick access to the Bay of Bengal...