Word: optionable
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Dates: during 1950-1959
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Such honesty has led hostile critics to hint that Mauriac is essentially a refined sensualist who, from motives of caution or guilt, takes care to renew his option with God. Mauriac, in a brief essay appended to The Loved and the Unloved, replies in a voice of deep humility: "Though, quite often, Grace does 'break in' [to his books], it has tended to do so less and less as I have grown older ... I might point out that evil is a reality in this world of ours, that the people I set out to paint are fallen creatures...
...comptrollers is low, whereas there is an acute shortage of cadet pilots. If present world conditions continue, students who have chosen Flight Operations will be called up for four years, as contrasted with a two-year stint in Comptrollership. The longer period of service in the Flight Operations option was a strong factor when the choice arose last spring...
...McCarthy will have an option to buy 2,000,000 shares of the proposed company's stock at 5% under the market price and thus may "profit ... at the expense of other [stockholders] without assuming the risks of the business which such other stockholders have assumed...
...more accurately, a "revolving door" union shop. Under the new contract, all new employees must join the steelworkers' union, but if they don't like it, they can swing out the union door again between their isth and 30th day on the job. All steelworkers have the option of turning in their union cards during a 15-day period at the expiration of the contract in 1954. The union cannot touch old non-union employees...
...found the fabled wealth of the cities. But in recent years, evidence of other riches-in the form of big copper and molybdenum deposits-has been found by prospectors along the San Pedro. During World War II, the Magma Copper Co., seventh biggest U.S. copper producer, took out an option and set up a subsidiary, the San Manuel Copper Corp., to explore the deposit. In the past seven years, Magma President Alexander J. McNab has spent $10 million on preliminary exploration and development, estimates that his mine contains half a billion tons of low-grade ore, biggest U.S. underground copper...