Word: remitted
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...financial crisis happened even faster. Within days of the Austrian ultimatum, the delicate web of international credit was torn to shreds. German trading companies ceased to remit the money they owed to brokers in London. European investors rushed to withdraw their money from New York. As nervous banks called in loans, panic selling swept the world's financial markets. But the further asset prices fell, the worse the crisis became. Securities that had been the collateral for immense pyramids of debt were suddenly unsellable. The central banks had to admit they lacked the means to stem the outflow. The only...
...then a listing ship that had jettisoned more than 40% of its market value in one year, and had just issued an entirely unexpected warning, admitting that profits would slide 20%. One of Levy's first hires was a McKinsey & Co. consultant, John Rose, in January 2002, whose remit was to figure out how to make digital pay. "He knew digital wasn't going to go away," Rose recalls. "That was a large part of his hiring me." But Levy's decision to embrace digital bucked industry notions. "The prevailing feeling was, 'This isn't going to work because people...
...equally among HoCos as part of their annual funding package. In those cases where trusts cannot be alienated in this way, the College should either deduct the amount of the trust’s annual payout from the House’s annual funding or require the House to remit the trust’s payout to a central fund, for subsequent equal distribution among Houses.The Harvard campus has been cleverly divided into relatively small, manageable, contiguous communities since the 1930s. To fail to take advantage of this arrangement—even as most of the required infrastructure is already...
...said that the proposal for a women’s center “would fall within the remit of the dean of the College, who as I understand it has in the past had some concerns about it.” Administrators have expressed worries that a center specifically designed for female students might violate the University’s nondiscrimination policy...
Councillor David P. Maher admitted the council’s request that Harvard remit retroactive payments on the past decade’s PILOT fees was not realistic...