Word: payout
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...major aviation accidents between 1970 and 1984, the average compensation for victims who went to trial was $1 million in current dollars, according to a Rand Corp. analysis. Average compensation for cases settled without a lawsuit was $415,000. The biggest aviation payout in history followed the crash of Pan Am Flight 103 over Lockerbie, Scotland, in 1988. Settlements ranged all over the spectrum, with a couple dozen exceeding $10 million, according to Manhattan attorney Lee Kreindler, who acted as lead counsel. Dividing the total $500 million payout over the 270 victims yields an average award of $1.85 million. However...
...large endowment requires it, in some moral sense, to pay higher wages. This “piggy bank theory” of the endowment ignores the reality that 85 percent of the University’s endowment is restricted. The theory ignores the fact that the payout ratio is calculated for the long-term financial health of the school and that the Harvard Corporation is not changing its philosophy anytime soon. Owing to these faults, the “piggy bank theory” ignores the fact that increasing wages will force the University to either raise more money (higher...
...When you look at what has happened to the market, you realize that the payout of the endowment is going to be less,” Nye said...
OSHUA BENJAMIN JEYARETNAM Singapore's best-known opposition figure was declared bankrupt and lost his parliamentary seat earlier this year after defaulting on a defamation payout. In a 30-year career, he has paid more than $900,000 in damages and costs...
...centerpiece of which is a massive corporate tax break. The plan is worth nearly $100 billion, of which $70 billion is earmarked for corporations. The most controversial Republican proposal was a retroactive repeal of the corporate alternative minimum tax. Such a move would mean an enormous $25 billion government payout to a handful of blue-chip corporations for taxes they have paid over the past 15 years...