Word: payoff
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Dates: during 1980-1989
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...their patent rights. Normally, federal programs specify that any scientist receiving Government money loses his patents. But the DOE is willing to waive this rule on the grounds that the producer of a new energy-saving device will only do the work if he is guaranteed a profit payoff...
Many observers say that Carter sought the department's creation solely as a political payoff to the powerful NEA. The association issued its first-ever endorsement of a political candidate in exchange for Carter's agreement to find the orphan-child education a home...
Into each literary life some unsolicited manuscripts must fall, and fall and fall and fall. They are almost never any good. Established authors, editors, critics and agents read them glumly, but with a touch of the spirit that moves others to buy lottery tickets. The big payoff may be ridiculously unlikely, but the lure is irresistible. Novelist Walker Percy was handed an improbable winning number in 1976. A teaching stint in New Orleans left him vulnerable to would-be writers. One day a bulky manuscript was thrust upon him by a middle-aged woman wearing white gloves and accompanied...
...first significant payoff from the new mood at the plant came at model changeover time in 1972 and then again the following year. GM management showed workers the proposed changes in the assembly line and invited their comments. Says Beirne: "A lot of good ideas came forward, and we were shown a lot of problems we didn't realize existed. Things we had missed were picked up, and we had time to implement them before the start of the new models...
Despite the economic decline, very little immediate payoff is expected in lower prices. President Carter admitted last week that the cost of living is likely to continue rising sharply for several more months. Treasury Secretary G. William Miller predicts optimistically that inflation will have declined to an average annual rate of 12.8% by the end of 1980. The drop in prices will occur, though, only if the recession is allowed to do its work in an election year. Already various Carter constituencies are screaming as the screws are turning. Even while the President was telling newsmen last week that...