Word: out-of-pocket
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...vital to Lockheed's future, and the BEA order -the first for the TriStar in almost two years-was a welcome indication that Lockheed can keep itself going. Development and eventual production of the Cheyenne helicopter would have helped Lockheed, but cancellation will cause little if any out-of-pocket loss: the company has already written off $132 million of development losses on the helicopter. Yet the shooting down of the Cheyenne was a reminder that Lockheed still has a long, long way to travel...
...exact sum involved has not been decided. "Our office will pay the out-of-pocket monies, and the School of Education will provide the rest-staff time, volunteer time, administration." Donald C. Moulton, assistant director of Community Affairs, said...
Campus disorder is expensive. Stanford University, for one, has begun totting up the dollar costs of its violent spring. Out-of-pocket expenses have come to $240,000, including $100,000 for broken windows and other property damage. Overtime work by repair crews, campus police, administrators and others brings the six-week total to $580,000. At some campuses, even bigger figures come even faster: last week fire bombs at California's Fresno State College destroyed a computer center valued at close...
...insurance, the professors' "basic protection plan" permits recovery without proof of fault. As worked out in a new book, Basic Protection for the Traffic Victim (Little, Brown; $13.50), the plan requires every car owner to carry a policy that would pay all of a victim's out-of-pocket costs-up to $10,000. These costs would include hospital and medical bills as well as 90% of lost wages (on the theory that 100% payment would encourage malingering), and would be paid out as they actually occurred rather than in a lump sum after settlement. Regardless...
Attractive Idea. Since out-of-pocket costs would be paid automatically, the only cases that would raise the fault issue and go to a jury would be the relatively few involving more than $10,000, or pain-and-suffering claims of more than $5,000. Actuarial studies are now under way to determine exactly how much money the plan would save both motorists and insurance companies. The idea seems so attractive that several states are studying possible adoption; in Michigan, the enabling legislation has already been introduced...