Word: payoff
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Dates: during 1950-1959
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...week, had so many unfilled orders that employees agreed to postpone their annual vacations. To many a hard-hit New England textile man, Bachmann Uxbridge's prosperity looks like some sort of dark magic. But President Harold J. (for John) Walter, 52, explains it as just the payoff of common sense...
...housing credit, it can boost rates on Government-insured mortgages; if it wants to restrict bank loans, it can boost reserve requirements. But it has had no direct control over consumer credit since the Federal Reserve Board's power to fix minimum down payments and maximum payoff periods (Regulation W) expired last year...
...payoff in nuclear energy comes when a mass of fissionable material "goes critical," i.e., when it begins to support a nuclear chain reaction. In the early days of the Los Alamos atom-bomb laboratory, critical points were determined by hand, by physicists who felt a little jumpy. The start of a chain reaction cannot be predicted dependably. Even a human hand moving near a mass that is barely subcritical can reflect enough neutrons into it to start the reaction and loose a cold and silent flood of death-dealing radiation...
...Payoff. In 1945, Sir John bought up Triumph Motors with the idea of bringing out a low-priced sports car. To avoid expensive retooling, Triumph used Standard parts (e.g., Vanguard engine, Mayflower front suspension and rear axle...
...Correspondent Mario Planet: "I had to give 10 pesos to a little girl before she would tell me my way on a street. When I asked her another question, she demanded 10 more - just like a Coke machine." On election day, voters went straight from polling places to the payoff agents...