borrow.01
frames- The theory : Such individuals , many with young children , are in their prime borrowing years -- and , [ARG0 *-1] having [rel borrowed] from [ARG2-from the bank] , they may continue *-1 to use it for other services in later years .
- They 're hiring models 0 *T*-1 to stroll the aisles *-2 sporting their jewels , and [ARG0 they] 're even beginning *-4 to [rel borrow] [ARG1 a perennial favorite of the beauty business -- * offering a gift when consumers make a purchase *T*-3] .
- [ARGM-TMP Later] , [ARG0 Nissan] [rel borrowed] [ARG1 other Honda practices , including an engineering `` idea contest '' 0 *T*-1 to promote inventiveness] .
- Last year , earnings of the combined companies did n't cover debt service and [ARG0 Pinkerton 's] was forced *-1 to [rel borrow] [ARG1 $ 20 million *U* of subordinated debt] .
- `` All 0 [ARG0 they] are trying *-2 to do *T*-1 is [rel borrow] [ARG1 some of the legitimacy of the Bill of Rights itself] .
- Employee-benefit specialists drew a collective sigh of relief in early October when the Labor Department backed away from a proposal that companies let [ARG0 former employees and beneficiaries] -- along with active workers -- [rel borrow] against [ARG3-against balances in 401 -LRB- k -RRB- and similar savings plans] *T*-1 .
- Still , massive internal debt has forced [ARG0 the government] to [rel borrow] [ARGM-MNR massively] [ARGM-LOC on the domestic market] and to offer inflation-adjusted returns of 2 % to 3 % *U* a month just *-1 to get investors to hold on to its paper .
- The numbers behind such fears : The average debt of [ARG0 medical school graduates] who *T*-3 [rel borrowed] [ARGM-PNC *-2 to pay for their education] jumped 10 % to $ 42,374 *U* this year from $ 38,489 *U* in 1988 , says 0 *T*-1 the Association of American Medical Colleges .
- Michael Foods has attracted a good many short-sellers , the people who *T*-1 sell [rel borrowed] [ARG1 shares] in a bet that a stock price will drop and allow the return of cheaper shares to the lender .
- LIN said 0 [ARG0 it] expects *-2 to [rel borrow] [ARG1 the money 0 * to pay the dividend *T*-3] , but commitments from banks still have n't been obtained *-1 .
- [ARG1 That money] also would have *-2 to be [rel borrowed] *-1 .
- DPC Acquisition added that it has not begun discussions with financing sources , and said 0 it expected *-1 to repay [ARG1 the amounts] [rel borrowed] * through proceeds of the liquidation .
- The finance unit attributed the decline to higher [rel borrowing] [ARG3 costs] compared with a year earlier .
- He warned that Fed efforts * to conquer inflation would fail -- and could produce `` a major financial crunch '' -- unless they are accompanied *-1 by a significant reduction in the federal deficit , which *T*-2 causes [ARG0 the government] to [rel borrow] [ARGM-MNR heavily] .
- Many small investors are facing a double whammy this year : They got hurt *-1 by *-1 investing in the highly risky junk bond market , and the pain is worse because they did it with [rel borrowed] [ARG1 money] .
- The usual maneuver is [ARG0 *] to [rel borrow] against [ARG3-against the portfolio value] or issue preferred stock , [ARGM-ADV * using the proceeds * to buy additional bonds] .
- Many investors are unaware 0 [ARG0 their funds] have [rel borrowed] [ARGM-PNC *-1 to speculate in such a risky market] .
- In a typical leverage strategy , a fund tries *-2 to capture the spread between what it costs *T*-1 [ARG0 *] to [rel borrow] and the higher return on the bonds 0 it buys *T*-3 with the borrowed money .
- In a typical leverage strategy , a fund tries *-2 to capture the spread between what it costs *T*-1 * to borrow and the higher return on the bonds 0 it buys *T*-3 with the [rel borrowed] [ARG1 money] .
- `` As long as [ARG0 I] am [rel borrowing] [ARGM-MNR at 9.9 %] and each -LCB- bond -RCB- yields over that , it enhances the yield , '' he maintains *T*-1 .
- Several leveraged funds do n't want *-3 to cut [ARG1 the amount] 0 [ARG0 they] [rel borrow] *T*-1 because it would slash the income 0 they pay shareholders *T*-2 , fund officials said 0 *T*-4 .
- He says 0 the fund , which *T*-1 is 40 % leveraged , has maintained a `` substantial cushion '' between its [rel borrowing] [ARG3 costs] and the yields of the portfolio 's bonds .
- [ARG0 Golden Nugget , Drexel Burnham Lambert Inc. 's first casino client ,] has [rel borrowed] on [ARG3-on more than $ 600 million *U* worth of mortgage notes , mostly sold * to private investors by Drexel ,] [ARGM-PNC *-1 to build the Mirage] .
- What is *T*-1 it *EXP*-3 , [ARG0 *] to [rel borrow] [ARG1 a term] from [ARG2-from Coniston] , that *T*-2 so unsettled the market ?
- They plan *-1 to expand the home site by *-2 buying five adjoining acres for [ARG1 $ 200,000 *U*] , [rel borrowed] * against [ARG3-against a first mortgage on the five acres] and also collateralized * by the 15 acres .
- Their debt will be well under the $ 1 million *U* limit -- on [ARG0 *] [rel borrowing] [ARGM-PNC *-2 to acquire , build , or improve a home] -- that *T*-1 qualifies for mortgage-interest deductions .
- Few people are aware that the federal government lends [ARG1 almost as much money] as [ARG0 it] [rel borrows] *?* .
- Generally , a short seller expects a fall in a stock 's price and aims *-5 to profit by *-6 selling [rel borrowed] [ARG1 shares] that *T*-3 are *-7 to be replaced *-1 later ; the short seller hopes 0 the replacement shares bought * later will cost less than those that *T*-4 were sold *-2 .
- Short interest , which *T*-1 represents the number of [ARG1 shares] [rel borrowed] and sold , but not yet replaced * , can be a bad-expectations barometer for many stocks .
- This helps *-1 explain the triple-A rating enjoyed * by our bonds and our ability [ARG0 *] to [rel borrow] [ARG1 $ 9.3 billion *U*] [ARGM-TMP in fiscal 1989] [ARGM-MNR on the most advantageous terms] .
- He notes that some `` revolving credit-card credit is actually convenience credit '' being used simply as a handy way of * paying bills rather than a handy way of [ARG0 *] [rel borrowing] .
- [ARGM-DIS Actually] , [ARG0 Cervantes] [rel borrowed] [ARG1 that quote] from [ARG2-from a writer of some 25 centuries earlier] : Israel 's King Solomon wrote those words in the Book of Proverbs -LRB- 22:1 -RRB- .
- But , as he and his skilled team soon discover , they 're up against two factors 0 they had n't counted on *T*-1 : first , [ARGM-LOC a business climate] in which [ARG0 a failing company with few assets and many debts] [ARGM-MOD can] [rel borrow] against [ARG3-against the assets of the successful company 0 it hopes *-4 to acquire *T*-3] [ARGM-PNC in order *-5 to finance the takeover] *T*-2 ; second , that standing behind AIW is *T*-6 a sinister consortium of much bigger , shadier and shrewder foreign interests secretly providing the money and muscle for the deal .
- [ARG0 The pilots] [ARGM-MOD could] [rel borrow] against [ARG3-against the value of their concessions] , [ARGM-ADV * using the proceeds *-2 to buy back stock from the public and give themselves the majority control 0 they have been seeking *T*-1] .
- After the collapse of the last effort , the group does n't plan *-2 to make any formal proposal without binding commitments from banks covering [ARG1 the entire amount] 0 *T*-3 to be [rel borrowed] *-1 .
- [ARGM-LOC Under the type of transaction being discussed *] , [ARG0 the pilot-management group] [ARGM-MOD would] [rel borrow] [ARG1 several billion dollars *ICH*-1] from [ARG2-from banks] that *T*-2 could then be used *-3 *-4 to finance a cash payment to current holders .
- But [ARG0 he] [ARGM-TMP then] [rel borrowed] [ARG1 a palladium rod] from [ARG2-from chemists at Texas A&M who *T*-1 said 0 they were getting excess heat] .
- On the fourth `` run '' with the [rel borrowed] [ARG1 rod] , the experiment began *-1 producing excess heat .
- But buyers are essentially betting on a start-up investment fund with no track record -- and [ARG0 some] have been encouraged *-1 to [rel borrow] [ARGM-PNC *-2 to do so] .
- But [ARG1 the percentage] of your cash reserve that [ARG0 you] [ARGM-MOD can] [rel borrow] *T*-1 [ARGM-MNR tax-free] is very small .
- [ARG0 Traders who *T*-1 sell short] [rel borrow] [ARG1 stock] and sell it , *-2 betting that the stock 's price will decline and that they can buy the shares back later at a lower price for return to the lender .
- Although a substantial short position reflects heavy speculation that a stock 's price will decline , some investors consider an increase in short interest bullish because the [rel borrowed] [ARG1 shares] eventually must be bought *-1 back .
- Another 20 % of the [rel borrowed] [ARG1 funds] would come from the sale to investors of junk bonds , which *T*-1 offer less security and typically carry higher yields than bank loans .
- [rel Borrowed] [ARG1 shares] on the Amex rose to another record .
- Corporations need liquidity , in the form of [rel borrowed] [ARG1 funds] .
- Congress authorized [ARG1 $ 50 billion *U*] 0 *T*-1 to be [rel borrowed] *-2 *PPA*-3 * to pay for the thrift bailout .
- The TVA , in fact , decided *-2 to proceed with the bond offering following an agreement last week with the Financing Bank , which *T*-1 allows [ARG0 TVA] to keep [rel borrowing] [ARGM-MNR short term] from [ARG2-from the bank] [ARGM-TMP for two years] [ARGM-TMP after it goes to the public market] .
- The Treasury contended that [ARG0 TVA] [ARGM-MOD could] [ARGM-NEG n't] [rel borrow] from [ARG2-from both it and the public debt market] .
- Nikko 's Mr. Conlon fears 0 a huge wave of [ARG0 Treasury] [rel borrowing] [ARGM-TMP early next month] will drive down Treasury bond prices .
- Beatrice , which *T*-1 went private in an $ 8.2 billion *U* leveraged buy-out in 1986 , said last month that [ARG0 it] [ARGM-MOD might] [rel borrow] [ARGM-TMP again] [ARGM-PNC * to help pay investors as much as $ 983 million *U* in preferred stock and debt securities] .
- MACMILLAN BLOEDEL Ltd. said 0 [ARG0 it] [rel borrowed] [ARG1 215 million Dutch guilders -LRB- US$ 102 million *U* -RRB-] from [ARG2-from a group of Dutch institutional investors] .
- [ARG0 Berlitz] [ARGM-MOD will] [rel borrow] [ARG1 an amount equal to its expected net proceeds from the offerings , plus $ 50 million *U* ,] [ARGM-ADV in connection with a credit agreement with lenders] .
- [ARGM-ADV Instead of *-2 selling bonds *-1 to meet redemptions] , [ARGM-DIS however] , [ARG0 some funds] have [rel borrowed] from [ARG2-from banks] [ARGM-PNC *-2 to meet withdrawal requests] .
- The $ 1.1 billion *U* T. Rowe Price High Yield Fund was among [ARG0 the funds] that *T*-1 [rel borrowed] [ARGM-TMP during the Campeau crisis] , says 0 *T*-2 George J. Collins , president of T. Rowe Price Associates Inc .
- [ARGM-ADV *-1 Debt-free and profitable] , [ARG0 the Boulder , Colo. , computer-products concern] [ARGM-MOD could] [rel borrow] [ARG1 funds] [ARGM-ADV if it decides against an IPO now] , he says 0 *T*-2 .
- At $ 250 *U* a share , [ARG0 the group] would have *-1 to [rel borrow] [ARG1 about $ 6.1 billion *U*] from [ARG2-from banks] .
- The law does allow [ARG0 the RTC] to [rel borrow] from [ARG2-from the Treasury] [ARG1 up to $ 5 billion *U*] [ARGM-TMP at any time] .
- The interest rate on [ARG1 short-term funds] , which [ARG0 banks] [rel borrow] *T*-1 [ARGM-PNC *-3 to finance longer-term loans to customers] , was `` sharply higher , '' Morgan said 0 *T*-2 .
- Individual investors , investment firms and arbitragers who *T*-1 speculate in the stocks of takeover candidates can suffer liquidity and payment problems when stocks dive *T*-2 ; [ARG0 those investors] [ARGM-TMP often] [rel borrow] [ARGM-MNR heavily] [ARGM-PNC *-3 to buy their holdings] and use the stocks as collateral for loans .
- The shorts sell [rel borrowed] [ARG1 shares] , *-1 hoping *-2 to profit by *-3 replacing them later at a lower price .
- The more a company relies on [rel borrowed] [ARG1 money] , the greater its sensitivity to an economic slowdown .
- He noted that unlike an employee stock ownership plan , where [ARG0 a company] [ARGM-TMP usually] [rel borrows] [ARG1 money] from [ARG2-from third party lenders] [ARGM-PNC * to buy stock that it sets *T*-1 aside * to award employees over time] *T*-2 , here employees had *-3 to fork out their own cash for the stock .
- `` They came up with their own money instead of [rel borrowed] [ARG1 money] , '' Mr. Didion said *T*-1 .
- -- In June , two months before it would default on interest payments covering some of its $ 1.2 billion *U* of speculative debt securities , New York-based Integrated Resources Inc. said 0 it ran out of [rel borrowed] [ARG1 money] .
- [ARG0 Businesses] were [rel borrowing] [ARGM-MNR at interest rates higher than their own earnings] .