Word: outlay
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Dates: during 1960-1969
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...before Sept. 26. By last week, that stock had dropped to $92, enabling the put holder to buy the stock in the market, then exercise his sell option at a $2,050 profit after commissions. By investing in the put instead of selling Fairchild short, the investor kept his outlay down to $1,750 instead of $11,900 and made certain that he could lose no more than the $1,750 no matter how much the stock went up. Though most options are sold to speculators, market tacticians also use them in complex hedging maneuvers to protect paper profits, reap...
...Gaza City, when the municipal council convened for the first time since the shooting started, everyone was embarrassed when the mayor read aloud the minutes of the last meeting, at which an outlay of 5,000 Egyptian pounds had been approved for Ahmed Shukairy's Palestinian Liberation Army. The appropriation was quickly canceled...
...them, and offered to send back the rest in exchange for the 16 Israeli P.O.W.s, mostly downed pilots, held by the Arabs. In money terms, Israel estimated that the war cost it only $100 million, against $2 billion for the Arabs. The Israelis captured several times their own outlay's worth of Arab equipment. Included in the haul are two Soviet SAM missiles and their sites, more than 200 Russian tanks in mint condition, and uncounted thousands of weapons and vehicles-all abandoned by fleeing troops...
...nationwide, nonprofit, private housing federation that would buy and rebuild slum dwellings, then sell them to low-income families on a unit-by-unit basis, thus giving the man in the slum a stake in his own neighborhood. Working from a base of a threeyear, $60 million Government outlay and $2 billion in federal debenture bonds, the plan would ultimately generate up to $1.3 billion in rehabilitated housing...
...Though the income gap has narrowed since 1960, the average farmer can still expect to make only two-thirds as much as a city worker. While most big, efficient farm operators are thriving, the small, family farmer is increasingly being squeezed out by high costs and the big capital outlay that a modern farm demands ($30,000 for each farm worker v. $25,000 for each worker in industry). As a result, the number of farms has decreased by 23% (to 3,176,000) in the past seven years...