Word: out-of-pocket
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...more realistic formula for measuring passenger-traffic profit and loss, Berge suggests using actual out-of-pocket costs, i.e., subtracting from total passenger revenues only those costs directly connected with maintaining passenger traffic. On this basis the ICC's $4.8 billion passenger deficit between 1947 and 1954 would turn into a $486 million profit. Taking the most recent years, during which passenger revenues dropped, Berge found only a $1,000,000 loss in 1953 v. a $705 million ICC deficit, a $38 million loss in 1954 v. a claimed $670 million deficit...
DIXON-YATES POWER GROUP has gone to court to collect $3,534,778 from the Government for out-of-pocket expenses in connection with its contract to build $107 million power plant for the Atomic Energy Commission...
...back to full-time teaching as a professor of Romance Languages and Literatures, also gave full approval to a third recommendation of the Committee: a small discretionary fund at the disposal of each department for use as a grant-in-aid to graduate students for certain out-of-pocket expense involved in their research. As an example, Rogers cited the cost of micro-filming manuscripts, or travel
...that anyone who got Follansbee at $20 or $21 a share could make millions-as Richmond hoped to do. Richmond had offered Follansbee a gross price of $9,286,620. But since the company had $4,030,405 in cash and bills receivable in the till, the actual out-of-pocket cost to Richmond would be only $5,256,215. By selling the mill for $1,500,000 to Republic, and selling Follansbee's inventories for another $3,090,000, Richmond would reduce his net outlay to a mere $666,215. Richmond would also receive a tax refund...
...stockholders would approve Hughes's offer to buy out the company's assets for $23,489,478, equal to $6 a share for stock that was selling at only 2⅞ when the offer was announced. Since Hughes already owns 1,262,120 shares, the out-of-pocket cost to him if all stockholders accept his offer would be $15,916,758. This week, after heavy trading that totaled 820,100 shares, the stock closed...