Word: repays
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Dates: during 1950-1959
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...Bank lends money to various countries at rates of four to six per cent, repayable in twenty years. The agency investigates each loan carefully, and requires that the loan be "bankable"; that is, that the borrower be able to repay fully in "hard currency." "Hard currencies" are those of high standing in the international market--chiefly U.S. and Canadian dollars, the pound sterling, Swiss francs and West German marks...
...INTERNATIONAL FUND for loans to underdeveloped nations at generous terms (2% interest, 40 years to repay) has been proposed by Oklahoma's Democratic Senator Mike Monroney. Fund at first would get $300 million from...
Clearinghouse. In Milwaukee, John R. Helinski, 36, explained to cops that he had taken his father's $130 railroad retirement check and forged it so he could repay his father the money he had stolen from...
Saved from Suicide. Co Ha's father grabbed his head with his hands and moaned: "The sky is falling over my head." Tradition bound him to repay the insulted bridegroom with twice as much jewelry as he had given his betrothed, plus twice as many pigs and chickens as had been provided for the wedding feast. It was too much. Ha's father jumped into the Mekong, bent on self-destruction. But Co Ha's true love, watchfully waiting near by, dived into the river and saved him. Broken in spirit, Co Ha's father...
...have been trying to do those things against the background of having to repay debt abroad during the next eight years of a total equal to the whole of our existing reserves ... of seeking to conduct a great international banking business, of sustaining our position as one of the world's major overseas investors. Over twelve years we have slithered from one crisis to another. It has meant a pound sterling which has sunk from 20 shillings to twelve. It is a picture of a nation in full retreat from its responsibilities. That is not the path to greatness...