Word: refundability
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When a TIME subscriber cancels his subscription, he is entitled to a refund calculated by deducting from the price of his subscription the number of copies he has received at 15? a copy...
Last day for withdrawal from College with refund of tuition fee for first quarter...
Special Master Hall not only lost the $12,000 which he hoped to get as a bonus: the court instructed him to return to the oil companies $44,700 of the original $99,900 with interest at 6% from 1926, an additional sum amounting to nearly $26,000. The refund was figured on the ground that 447 days spent by Holmes Hall "studying the record'' was so much time wasted. The repayment was not made. So last week in Kansas City Circuit Judge Albert Reeves ordered Special Master Hall to pay up within 60 days, or else...
...whose manipulation tends to build up big bank reserves. One purpose of this easy money policy was to make private borrowing cheap, the hoary formula for reviving depressed business. So far U. S. businessmen have done little new borrowing, though they have taken advantage of the cheap money to refund billions of old securities at lower rates...
...first farm mortgages or Government bonds, they are joint and several obligations of all twelve Land Banks, which are supervised by the Farm Credit Administration. Unlike Home Owners' Loan Corp. bonds, Land Bank bonds are not Government-guaranteed. All recent Land Bank issues have been sold to refund outstanding bonds with higher coupons. And since by law the Land Banks may charge borrowers no more than 1% in excess of the rate at which they themselves are able to borrow, Mr. Dunn as the farmers' Wall Street agent is now providing mortgage money...