Word: offs
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Dates: during 1970-1979
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People transfer money into funds primarily by selling off stocks and withdrawing deposits from banks and savings and loan associations. This shift away from shares could further damage capital formation; companies ideally tend to raise long-term investment money in the stock and bond markets but go to the money...
The key to the boardroom was part of a trade in which the U.A.W. chiefs let Chrysler off with an easier three-year wage pact than those recently signed with General Motors and Ford. The company will save about $200 million by deferring payments into its pension plan next year...
At Yassmeen's Belly Dance Bazaar in Los Altos, Calif, Performer-Proprietor Jakkee Bryson uses one of the 11-lb. desktop devices to keep track of her inventory of exotic costumes and records. An oil company depends on one of the little wonders to operate a rig off California...
At Warner Bros., the left hand apparently careth not what the right hand doeth. The studio is distributing Monty Python's Life of Brian, the British comedy troupe's send-up of the Gospels that is widely condemned as blasphemous by Christians and Jews alike. But almost simultaneously...
The National Graphical Association, which represents 600 compositors, machine managers and stereotypers, staved off management's centerpiece demand: that journalists and classified ad takers be allowed to operate the keyboards of computer typesetting equipment. That issue is to be discussed further over the next year, with no guarantee that...