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Word: virtualization (lookup in dictionary) (lookup stats)
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...Sweepstakes are virtual lotteries. Hundreds of thousands of prices tickets are sold, all numbered, at prices seldom above ?1 ($5). The total ticket sale, less operator's percentage, is the prize money. Numbers are drawn for the horses entered in the race. The vast majority of ticketholders, failing to "draw a horse" lose their bets. The dozen or so lucky subscribers can sell shares in their tickets for large sums, thus profiting certainly before the horses have won, lost or failed...

Author: /time Magazine | Title: Sport: English Derby | 6/13/1927 | See Source »

...Egyptian army and frontiers. Egypt's hesitation about acceding to this demand will avail her nothing. More logically than ever Egypt is an essential link in Britain's Empire. Not only the Suez and the sea passage to India, but the protectorates in Traz and Palestine, the virtual protectorate in Persia, all these make control over Egypt doubly important to Great Britain...

Author: NO WRITER ATTRIBUTED | Title: MEDITERRANEAN RUMBLINGS | 6/8/1927 | See Source »

...Agent General of Reparations Seymour Parker Gilbert who wrote down this sum as the first half-yearly installment of interest due, for the third reparations year, on the Dawes Plan loans of 5,000,000,000 gold marks. As security for these loans a virtual mortgage is held on the chief units of production comprising the mechanism of German industry...

Author: /time Magazine | Title: GERMANY: Demands Revision | 4/11/1927 | See Source »

...Republic of Haiti, a onetime French colony, was proclaimed independent Jan. 1, 1804 It is now governed by a constitution [ratified June 12, 1918]. In November, 1915 the Haiti Congress ratified a treaty with the U. S. that established a virtual U. S. protectorate...

Author: /time Magazine | Title: THE CABINET: Republic Supervised | 3/28/1927 | See Source »

Significance. Though Italians own reputedly 96% of the commercial enterprises on the coast of Jugoslavia facing Italy and hope someday to seize that coast, the outcry of last week was intentionally exaggerated by the outcriers. Italy has assumed by treaty (TIME, Dec. 13) a virtual protectorate over Albania, and is helping-nay, forcing -that little republic to arm against Jugoslavia. Similarly the Jugoslavs are preparing to meet the attack. But last week the status quo was almost certainly one of preparation, not of mobilization. Only an irresponsible overt act on the frontier seemed capable of kindling swift...

Author: /time Magazine | Title: INTERNATIONAL: Scared | 3/28/1927 | See Source »

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