Word: payout
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Dates: during 2000-2009
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...room, Smith outlined the Faculty’s precarious financial situation. With University estimates of an annual endowment loss hovering at 30 percent in the midst of an unprecedented financial crisis, Smith said it was unlikely that FAS will see an increase on the $650 million of endowment payout it received last year...
Forst said University leaders have delayed setting the endowment payout rate for the next fiscal year—a figure generally announced the December before—until Harvard’s schools can reevaluate their budgets...
...Given the extreme volatility in the markets, I don’t expect [the payout rate] will be set until we have a much more concrete sense about financial plans and endowment performance,” Forst said...
...forces that New Zealand has become a nanny state. It's a perception strongest in rural areas, where many farmers feel suffocated by bureaucracy. Sometimes, their grievances sound more like longing for a bygone era, when farmhands weren't glued to their mobiles and trampers couldn't expect a payout for injuring themselves on private land. But it's also a case of where there's smoke there's fire: Clark could never be mistaken for a proponent of small government...
...families. Its rapidly growing profits this decade have ensured that military officers now get substantial lump sums when they retire. Coskun Ulusoy, a military-history buff with an economics doctorate from Pittsburgh University who heads the organization, knows that OYAK won't be able to continue increasing the payout at the same rate as it has been. (Last year it was up more than 50%.) And he's sober about the nation's prospects overall. "The truth is that there's danger lurking out there," he says. "We will be affected one way or another - it's a matter...