Word: minimum
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...high voltage produced by Gourdine's generator is ideal for transmitting electricity over long lines with minimum loss of power. The small current, says the inventor, can be compensated by having many small EGD tubes connected in parallel with each other. Theoretically, it should work. To turn theory into practice may be something else again...
...they have produced a spartan art, aggressive and sometimes playful in its stark shapes. The viewer seems to be asked to overcome the chilly look of their bleak morphology, cloying pastel colorism and inert gigantism. Impersonal, almost deliberately dull, such objects require the maximum from the observer, offer the minimum in return. And if the viewer does not care to make the effort, he can well conclude that less is not always more...
Sardines & Church Steeples. The aerial patrol symbolizes the proliferating use of helicopters (see following color pages). The machines remain costly to buy (minimum: $23,750) and tricky to fly, but coptermakers at last have overcome most of the bugs that for 25 years gave their industry more promise than progress. Rotor craft have not only changed the whole nature of the Viet Nam war but now stand on the threshold of a huge market at home...
...Eurodollar has flourished, born of the American balance-of-payments deficit, and nurtured by the scarcity of cheap, flexible credit in Europe. It has created a mobile, truly international capital market, far more efficient than economists could have planned. Eurodollars have been for big-league operators, since the minimum unit of transaction is usually $1,000,-000, and they are deposited on a short-term basis, 90 or 180 days being the norms. The current earning rate of a 90-day Eurodollar deposit...
...White, Weld & Co., investment bankers, made a major, joint innovation in the Eurodollar market. They introduced in London the certificate of de posit, which has been so successful in the U.S. since its creation in 1961 that it now accounts for 35% of all interestbearing deposits. With the minimum for C.D.s set at $25,000, the plan opens up the Eurodollar market to people operating on a much smaller scale. And since the certificates are negotiable, the depositor will not have his money frozen for a fixed period, as has been the case until now with Eurodollars. White, Weld estimates...