Word: meagerer
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Take the hypothetical case of cash-starved Meager Motors, which is anxious to improve productivity at its auto assembly plant by buying $10 million worth of industrial robots. For help, M.M. turns to lucrative Moneytronics Corp. Once Meager Motors buys its robots, the high-tech firm agrees to step in and take them off the automaker's hands for a $2 million down payment, with the remaining $8 million to be paid out over five years...
Moreover, the shopper who hands his 2-in. by 3-in. ration coupon to a clerk is never sure whether even that meager allotment will be available. Many Poles never got their full share of meat last month. In spite of rationing, supplies of detergent and cigarettes have also fallen short of demand. Says one Warsaw woman: "I am 75, and I remember rationing under the Nazis. At least then you could be sure of getting what you had coupons...
Today's high rates would not have been welcomed by anyone a few years ago, when the legal ceiling on interest the average saver could earn was the meager 5.5% paid on a passbook account at a savings and loan association or a mutual savings bank. The level is established by the Government. But financiers have been very creative in developing new high-yield deposits. Starting next month, for example, the new All Savers Certificate that was approved by Congress last summer will pay 12.61% tax-free for up to $1,000 in interest for an individual...
...clutching their release papers and a few meager possessions, stepped out of the Atlanta Federal Penitentiary last week into bright sunshine and into a brighter world of freedom. At the foot of the steps, the pair turned back toward the prison and raised their arms in victory to friends peering out the barred windows. Ezequiel Puentes-Prieto claimed he had never despaired of being freed because "I've never done anything wrong." His companion Jorge Perez-Paez had not lost hope either but admitted, "I had gotten depressed about ever leaving...
...week-old strike of municipal workers in San Jose, Calif, (pop. 650,000), is not hamstringing the city. The money involved is relatively meager, less than a baseball star or network-news anchorman can make in a year. But the dispute is an important one. At issue: equal pay for comparable work, especially for women in low-salary, female-dominated fields...