Word: spree
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...looks and feels like a credit card, and it can ring up purchases as easily. But MasterCard II, which was introduced last week, is not the same as familiar plastic money. With a normal credit card, the bill for a shopping spree may not arrive for weeks. But with MasterCard II, which bankers call a debit card, payment takes place instantly. A computer deducts funds from the shopper's bank account and transfers them into that of the store or restaurant where purchases have been made. Cardholders may carry either the regular MasterCard, MasterCard II, or both...
...rash of recent muggings at Columbia University and a spree of assaults at Tufts University have led security officers at those universities to consider ways to improve security...
This recession has a character very different from the last one, which started in 1973. Aggravating the earlier plunge was a buying spree by businesses during the boom just prior to the recession. When the economy started to grow stagnant, firms were suddenly forced to cut back inventories, thus causing the economic avalanche. The present slide has been triggered almost exclusively by a cutback in consumer spending. Sometime in late winter Americans simply closed their wallets and snapped shut their purses. Sales of everything from autos and home appliances to airline tickets have dropped sharply...
...stocks become manageable, firms start ordering again, and the economy picks up quickly. But a consumer-led recession lacks that built-in mechanism. Board members said that it could take a long time to get the American public spending again, without, of course, launching them on another inflationary shopping spree such as prevailed last winter...
Charged up once more by the partisan crowd and generous refereeing, the Wildcats went on a four goal spree and regained some respectability. Included in this sudden burst was a score with the Crimson a man down. Although the UNH power play squad tried vainly to take advantage of the fouls called on the Crimson, this was the only time it could force its way through for the extra man goal...