Word: repaid
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Harvard and other Massachusetts universities are able to sell tax-free bonds unver the guidelines of the state's Health and Educational Facilities Authority. Investors who buy the bonds are in essence lending the University a large sum of money, to be repaid with interest compounded over a long period, usually about 30 years...
...debt bomb [Jan. 10] proves once again that every loan, even between nations, is a gift until it is repaid...
Banks lend to Brazil, as to any borrower, out of confidence that they will be repaid. When that faith erodes, for whatever reason, some banks call loans as they come due or balk at granting new ones. Since Brazil, like other borrowers, is accustomed to "rolling over" its debt - lately it has been borrowing perhaps $1 billion a month for every $400 million it repays - any pulling back by lenders threatens to throw the nation into default. Last week that almost happened...
Salomon, 27, reportedly repaid the prince's hospitality by recounting fond recollections of her sojourn like this nugget: "Everyone was sitting around the swimming pool looking glum, when Andrew suddenly grabbed Koo and ripped off her bathing suit. Then he went to another girl and pulled at hers." Among her other dispatches from the isle of Mustique: the prince running around in the buff and attempting to jam a live lobster down the bathing suit of a young lady. Prince Charles, 33, meanwhile, is plagued by rumors about a "royal tiff" with his wife Diana, 21. Newspapers, after apparently...
...million program is being funded with about $13 million from the Harvard Campaign fund drive and through borrowing, which is repaid through incremental raises in student room rents. With interest rates declining and construction costs generally rising from year-to-year. College officials said it is more sensible to complete the repairs as soon as possible...