Word: illicit
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Dates: during 1970-1979
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While the economy is dipping into a recession, a much noticed but little recorded sector of American business activity is thriving as never before. It is the underground economy, an illicit system of cash and barter in exchange for goods and services. Because it operates beyond the statistician's reach and the tax collector's grasp, no one knows its exact size and scope. But various learned economists, who find this fast-growing sector to be a fertile field for academic investigation, estimate that it runs to hundreds of billions of dollars a year...
...federal civil Suit in Washington last week, the SEC accused ISC of getting some $750 million in orders over the past decade by making more than $23 million in "questionable and illicit" payments, and having "outstanding commitments" of $10 million for similar payments. Named as defendants were the company, deposed Chairman J. Thomas Kenneally, Senior Vice President Herman Frietsch, former General Counsel Raymond Hofker, former Treasurer Albert Angulo and Chief Engineer Harlan Stein. The SEC asked the court immediately to appoint an agent to take over the company's records and oversee its activities. Reason...
Newman's hard-sell tactics have turned off some of the patrons who are most knowledgeable about the arts. His prose can be flamboyant or plain trashy. He once billed Cavalleria Rusticana as "hot-blooded romance, illicit love and violent vengeance, Sicilian style." But Newman is a superflack, not a philistine. He wants to make culture a pervasive American institution...
...census showed 530,000 unmarried male-female couples living together. Even then, the figure seemed unrealistically low, since many couples may have been too embarrassed to report such arrangements. Now the bureau lists 1.1 million "illicit" couples, with the sharpest rise occurring since 1977 in the under-25 category. Reasonably enough, the demographers attributed the trend to "an increasing desire among young adults to pursue nonfamilial interests...
...convict adulterers, four witnesses must be found to testify that they saw the illicit act performed. Moreover, there are loopholes in the law and liberal as well as strict interpretations of it. For example, a thief can lose his hand only if he steals "in a just society"; the provision has been used by Islamic courts to spare men who steal because they are poor and have no other means to feed their families...