Word: fractionation
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Senator Francis X. McCann (D-Cambridge), however, said Wednesday that PR violates the U.S. Supreme Court's "one man one vote" rule by forcing voters to make choices in order of preference. McCann said that under the PR system, the voter has only a fraction of one vote...
...demand for courses of women's studies is Large, and the two remaining courses on the subject are limited-enrollment seminars. The handful of Faculty members competent to teach about women can accommodate only a small fraction of the students eager to explore these areas. A poll taken at the end of Fjellman's course revealed overwhelming enthusiasm on the part of the 80 participants and a desire to purse the subject in more depth...
HUGHES Tool had a portfolio of securities, but by now the depression was deepening and stocks, bonds, government securities were bringing a fraction of their value. It was the worst possible time to sell any securities, but I cleaned out the portfolio to finance his moviemaking. I particularly remember a line of Australian government bonds, for which we had paid a premium prior to the crash. I sold them off at $38, barely more than a third of their par value...
State and local governments are making an extra effort to uncover welfare cheating, though normally only a small fraction of recipients are involved. Last September, New York City Comptroller Abraham Beame disclosed that 100,000 welfare checks adding up to almost $9,000,000 had been forged over the last five years. Any client who claimed that he lost his check would routinely be issued another by obliging welfare workers, making chiseling a simple matter. When their shoe allotment was cut off in 1968, many recipients simply put it on the other foot, as it were: the bills for orthopedic...
...nearly $50 billion in dollars that have left the U.S. in recent years and flooded Europe's central banks. Any long-term monetary agreement must find a way for dollar-choked nations to convert their holdings for something besides gold, since current U.S. gold reserves cover only a fraction of dollars held abroad...