Word: premiums
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...institutions could issue. If institutions needed to issue more than that limit, they had to issue taxable bonds-which meant they paid on average an extra 2 percentage points in interest. (Purchasers of taxable bonds must pay income tax on their earnings, hence universities issuing bonds must pay a premium...
...PREMIUM ON PITH...
WASHINGTON, D.C: While House and Senate Republicans struggle to get their two budgets to button in the middle, President Clinton is in the political catbird seat, safely above the fray and loving it. Tuesday, Clinton was offering political cover to legislators who support hiking Medicare premiums for wealthy seniors. "I would be happy to defend the vote of any member of Congress, Democrat or Republican, who votes for this," Clinton said. He also proposed that the Treasury Department collect the premium increases rather than the IRS, so that seniors don't get confused and think they're faced with...
Concision is highly prized in science. The premium on pith is enshrined in perhaps science's most important law, known as the law of parsimony, or Ockham's razor. It states, in essence, that when confronted with two or more explanations for a phenomenon, we assume that the more compact, less complicated, simpler one must be correct...
...doomsday view is only that, and some things have gone cable's way. The billions the industry has been spending to upgrade wiring will put expanded, premium-priced service in most markets in just a few months. At the basic level, cable has regained the pricing power it lost following mandated rate rollbacks in 1993-94. Even satellite competition appears less threatening now that News Corp. has abandoned its effort to jump-start a new national service...