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Word: marketgrowth (lookup in dictionary) (lookup stats)
Dates: during 1987-1987
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Usage:

...University recently announced plans tospend more endowment income to run Harvard, in aneffort to take advantage of previous bull marketgrowth. Until now Harvard has reinvested the bulkof its endowment earnings--allowing the fund'spay-out rate to slip below inflation and usingother sources of income, such as tuition andfundraising, to fund a greater portion of thebudget...

Author: By Laurie M. Grossman, | Title: Endowment Falls 7%, Hits $3.85B in Crash | 12/11/1987 | See Source »

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