Word: valueã
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...lenses into the culture. Like a Greek krater or a Renaissance altarpiece, African textiles and Oceanic masks can be stripped of their initial context and function—their use value, in other words—and transplanted into the museum context where they acquires a new kind of value??€”aesthetic value...
This emphasis demonstrates Quraeshi’s nuanced approach to Islamic culture; her rejection of broad categorizations and the accentuation of the personal in her art sensitize her viewers to the complexities of an important world religion. Ultimately, this even-handed approach—balancing accessibility with personal aesthetic value??€”is important for a responsible ethnological presentation of Islam...
Under the Uniform Management of Institutional Funds Act, which was drafted in 1972 and previously governed endowment payouts, institutions were only allowed to spend income from an endowed fund if its current value??€“including accrued interest–exceeded the original value...
...formulating a new policy to address spending from underwater funds. But Shore said he expected the new income to be less than the $50 million figure. Excessive spending from a specific endowment fund, especially one that has already fallen below its original value, can erode at its long-term value??€”a crucial consideration for financial planners at the University, since most endowments are meant to last in perpetuity...
...also repeated what has become a continuing note of caution—adding that FAS should be careful to hire faculty and staff only with the assurance of long-term funding. FAS must whittle down its expenses after the endowment lost $11 billion—30 percent of its value??€”this past year. The Harvard Corporation slashed its endowment distribution to FAS by 8 percent for the fiscal year ending July 2010, and is planning to cut another 12 percent the year after, University President Drew G. Faust said at an October Faculty meeting...