Word: payment
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...month, Park said, he planned to expand his business interests with a one-hour photograph-processing establishment near the billiard hall. He had just purchased a $41,000 French-made processing machine. His only regret, he said, was that he had to make a 20% down payment; if he had been in the U.S. longer, he could have qualified for the financing with only 10% down. These little businesses, Park explained, were just stepping-stones toward getting into high-tech research -- analytical chemistry, immunology, protein chemistry, cell biology, molecular biology -- with Korean scientists as partners...
...open his own filling station, then a body shop, then a used-car dealership. His wife, meanwhile, started a jewelry store. In 1979 the Nams sold their businesses and set out for Los Angeles, where Nam attended dry-cleaning school and within six months made a $20,000 down payment on a store. That has since expanded to a chain of five dry-cleaning outlets, which are managed by the Nams. "We should work harder than other Americans," he says. "Otherwise we cannot succeed." Signs of the Nams' success include an attractive four- bedroom home in the upper-middle-class...
...called "Boston Bailout" bill, passed by the State Senate on Monday, would help protect tax-exempt property holders, such as Harvard, from any payment increase and at the same time would allow the financially troubled city to raise capital to meet public obligations, Bok said...
...fruit juice, to the disgust of a local official who declared the ban "an insult to the tradition of Georgian hospitality." The new rules appear to be having some effect. With police now on the lookout for drunks, plumbers and carpenters seem less ready to insist on vodka as payment "under the table," which is where they often ended up by midday. "Now they're sober all day," says one Muscovite. "But after lunch, they get terribly cranky...
...overhaul of Britain's $51 billion-a-year welfare program since the cradle-to-grave system was launched in 1948. Some 20 million people would be affected, whether through tightening of the qualifications for a once-only maternity grant, eliminating a state-financed pension fund or restricting the $38 payment for funeral expenses to poor families. Special aid for the needy, housing benefits and payments to unemployed youths would also be axed. The foundations, the National Health Service and the basic old-age-pension system would not be touched by the proposals, which will be voted on by Parliament early...