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Word: undercutting (lookup in dictionary) (lookup stats)
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...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...

Author: /time Magazine | Title: Special Report: Japan's Nomura: Yen Power Goes Global | 8/8/1988 | See Source »

...hope the courts would see that the First Amendment is undercut by secrecy and covert action," Nesson said...

Author: By Eric S. Solowey, | Title: Nields Blasts Covert Action | 4/27/1988 | See Source »

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...

Author: /time Magazine | Title: Riding The Drug Issue | 4/25/1988 | See Source »

What steamed the Senator was statements in the press release contending that Dole is "mean-spirited" and practices "cronyism," a reference to recent accusations that he might have improperly helped a former aide obtain a federal contract. The Bush campaign handout also attempted to undercut the Senator's down-home image by portraying Dole and his wife Elizabeth as "millionaires," and by repeating past suggestions that a blind trust for Mrs. Dole might have been mismanaged...

Author: /time Magazine | Title: Politics: Showdown at The Rostrum | 2/15/1988 | See Source »

...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...

Author: /time Magazine | Title: Books: Blind Tributes BEHIND THE SCENES | 2/15/1988 | See Source »

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