Word: presetting
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...America has a taste for excess, particularly in the sheer number of stock options being granted. With nearly half the Fortune 500 companies reporting, about 6% granted their CEO at least 1 million stock options last year. (An option gives the holder the right to buy stock at a preset price within a specific period of time, regardless of what happens in the market.) You don't need to take off your socks to figure that a stock gain of merely $1--a slam dunk for any company that is not soundly asleep--mints an instant $1 million for each...
...have a preset agenda for the committee," Skocpol said this week...
...managed to survive an identical fourfold overdose. In addition to ordering an exhaustive investigation, the hospital's top physician has mandated additional precautions against such egregious mistakes. Staff members have been reassigned, and the pharmacy's computer program has been modified so that drugs cannot be dispensed over preset limits...
...acting commissioner Bud Selig, is looming without any solid hope for saving the season. One possible sign of optimism: an owners' proposal that would allow high-priced bidding to continue without salary caps, but would punish the biggest-spending clubs by levying a "tax" on salaries above a preset level, according to NBC-TV. Both the players and owners hope Selig extends that do-or-die date...
Eventually Fox related all this philosophizing to the workshop's goal, to make music. He discussed his pieces and performed them expertly on the piano, explaining that "form is not preset." This essentially meant that one could have free reign to play the notes in any tempo, rhythm, style or anything, as long as the correct pitches are used in the right sequence. All very heady stuff, but what was the musical result...