Word: undercutting
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Dates: during 1980-1989
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...used with both leather and lace; effulgent Hudson's Bay blankets from L.L. Bean are trimmed with satin and turned into evening coats; a snazzy sequined evening dress is shaped and decorated like a football jersey. Vintage cartoon characters such as Felix the Cat and the Little King undercut and complement the high seriousness of a swank evening gown. The revelation of the show, which combines work from his first collection to his very latest, is its restless response to convention, its adventurousness about shape. "I love standards," says the designer, 61, "but I don't mind breaking rules...
...which give the purchaser the right to buy shares in the company that issued the bonds for a period of time at a fixed price. Such bonds allow investors to make money in Tokyo's hot stock market. Nomura first gained a foothold in Eurobonds by charging fees that undercut those of its rivals...
...hope the courts would see that the First Amendment is undercut by secrecy and covert action," Nesson said...
Republicans realize the issue can undercut their general advantage of seeming tougher on national security matters. With that in mind, Bush journeyed to Manhattan, trying his darndest to sound still tougher on drugs. He called for the death penalty for "drug kingpins," saying, "These people are dealing in death, and that's what they should get." Bush likes to say he has been on the front lines of the drug war. Indeed, he was head of the South Florida Task Force and National Narcotics Border Interdiction System, both designed to promote cooperation among law-enforcement agencies in stanching the inflow...
...protector and projector of Ronald's and Nancy Reagan's public images. He was the "Vicar of Visuals," master of the carefully managed photo opportunities that became a hallmark of the Reagan Administration. Yet again and again in this intendedly affectionate memoir, he offers up intimate snapshots that undercut his previous handiwork...