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Word: refundability (lookup in dictionary) (lookup stats)
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...most drastic approach comes from Congressman John Porter, an Illinois Republican. He suggests that the Federal Government each year refund the Social Security surplus into Individual Social Security Retirement Accounts. Every worker could direct his account, like an IRA, into an array of nonspeculative investments, including Government bonds or certain mutual funds. The result, says Porter, would be a system of "vested, fully funded, worker-owned retirement accounts" -- though one in which the more successful investors would reap the larger benefits...

Author: /time Magazine | Title: Dirty Little Secret | 2/19/1990 | See Source »

...matter is critical to students not just because of a possible refund, but because it raises a fundamental issue for the liberal academies: trust...

Author: By Spencer S. Hsu, | Title: Truth From Harvard's Trust-Busters | 9/25/1989 | See Source »

...locations worldwide, Club Med has become a leader in family vacations. Other luxury resorts have followed suit. The Village at Smugglers' Notch in Vermont even offers a money-back guarantee: "If your child for some reason doesn't enjoy all the activities we have planned, we will refund that portion of your package...

Author: /time Magazine | Title: Travel: Room Service? Get Me Milk And Cookies | 7/3/1989 | See Source »

...audit, the California franchise tax board denied the deductions and ordered Agnew to pay an additional $24,197 in state taxes and interest. In an appeal last week, Agnew argued that the $24,197 should be returned to him as a tax refund on his restitution. Conway Collis, a member of the state board of equalization, pronounced Agnew's claim "unbelievable" and said he found it "very hard to be sympathetic" to the former Vice President. If the tax board granted him the refund, said Collis, "we are in effect asking other California taxpayers to subsidize Mr. Agnew's wrongdoing...

Author: /time Magazine | Title: California: Agnew Agonistes | 4/17/1989 | See Source »

Tickets cost $8 each, with no coupons necessary and no discount for students; they are limited to two per person. Tickets purchased for the third game can be turned in for a cash refund if that game is not necessary...

Author: NO WRITER ATTRIBUTED | Title: NCAA Hockey Tickets | 3/14/1989 | See Source »

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