Word: term
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Dates: during 1980-1989
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Buyers from overseas are especially attracted by American political stability, which is particularly alluring to those with long-term investment prospects in mind. And foreign investors continue to be impressed by the wide- open nature of the American economy and the freedom of its capital and equity markets. Says a Japanese banker in Tokyo: "We are amazed at the way Americans are willing to sell out their companies. In Japan, owners of companies hold on for life...
...government bonds (including mortgage-backed securities) by the beginning of this year. But non-American investors are fonder still of securities sold by the Treasury Department. Foreigners own 16% of the $1.7 trillion in outstanding publicly held U.S. Treasury debt instruments. At the latest sale of U.S. Treasury long-term bonds in August, Japanese buyers snapped up more than 30% of the 10-to-30-year offerings, boosting their holdings in Treasury securities to $65 billion or more...
...help extend U.S. indebtedness to avoid damage to their own economies and investments. With Japanese domestic savings estimated at $1 billion or so a day, there is simply no other non-Japanese financial market large enough to absorb the sums available for investment. Besides, the current yield of long- term Treasury bonds (more than 9%) is roughly 3 percentage points higher than that paid by Japanese bonds...
...industrial and educational groups to create new French words for every modern occasion. Thus, a Frenchman now listens to his baladeur, rather than a Walkman, and plans vacations according to his partage de temps, and not his time-share. While some of the expressions are felicitous -- the computer term random-access memory becomes simply memoire vive (live memory) -- some are decidedly clumsy. Computer hardware is vaguely called materiel, and the futures market has become le marche de contrats a terme (limited-term contract market). But, insists Mitterrand, "either our language is in the computer data base or it ceases...
...July, and some Ford plants are humming along at more than 100% of normal capacity. Facing such rosy prospects, Stanley Surma, Ford's director of labor relations, vowed that the firm would "come out with a job-security plan that addresses the concerns of the employees." The term strike, he added, was a "bad word...