Word: offseting
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Grousbeck told the audience that he immediately decided to raise and borrow money to offset the costs of purchasing the Boston Celtics by forming and leading an investment group...
...Global Equipment Trading, works for fellow Bartercard clients. He can then spend that credit at any of the 75,000 member businesses around the world, including Patpong Thai, where he frequently entertains clients. So far this year, Burrows has exchanged around $410,000 in goods and services, helping to offset expenses and keep cash available for other outgoings. "Using barter we've purchased everything from air-conditioning units, computers and desks, to lorries, forklifts and security gates," he says. "It's a phenomenal tool that can enhance almost any company...
...enjoyed fewer improvements than their international counterparts, even though men have been laid off in greater numbers during the recession: "[U.S.] labor force participation of women falls from 70% to 69% and the percentage of women among professional and technical workers falls from 57% to 56%. These losses offset the gains made in the estimated earned income of women and the percentage of women among legislators, senior officials and managers. While the overall score of the United States in political empowerment remained the same as previous years, as other countries make progress, the United States has slipped [in the index...
Still, Smith noted that FAS received about $33 million in unrestricted gifts from two anonymous donors this past year, while also making a strategic withdrawal of $20 million in cash from its endowment to help offset the increased costs of the middle-income financial aid initiative...
...much still has to be done to close a remaining $110 million deficit. Still, Smith noted that FAS received about $33 million in unrestricted gifts from two anonymous donors this past year, while also making a one-time withdrawal of $20 million in cash from its endowment to help offset the increased costs of the middle-income financial aid initiative. Both funding sources represent isolated influxes into the annual budget, and will not be reported in subsequent years, meaning that the long-term deficit that Smith has emphasized in a series of faculty meetings and community gatherings remains a concern...