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Word: start-up (lookup in dictionary) (lookup stats)
Dates: during 1963-1963
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Usage:

...banks will pay $18,000-$20,000 a month for the service, and after the first year, when the full start-up costs are recovered, they will begin showing some savings-though they won't estimate how much. Besides whittling their direct costs, the nine banks will also clip a day off their old account posting time, be able to offer better and cheaper service to customers. Programming ahead for the computer pools, Booz, Allen's Neal J. Dean, partner in charge of management information systems, sees the day when all banks will cease being banks as people...

Author: /time Magazine | Title: Banking: Let 315 Do It | 2/15/1963 | See Source »

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