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scrapbook: an album into which clippings or notes or pictures can be pasted.
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counterbid (plural counterbids) - (business) A bid made in response to a previous bid by another party.
Soft Loan - A loan made at no interest or at a below market interest rate. Soft loans usually refer to loans made to developing countries and others in need of financing, but without the ability to borrow at the market rate. Soft loans may also have a longer grace period or a different amortization schedule that makes repayment easier. This is also called soft financing.
Sovereign wealth fund - A sovereign wealth fund (SWF) is a state-owned investment fund composed of financial assets such as stocks, bonds, property, precious metals or other financial instruments. Sovereign wealth funds invest globally. Some of them have grabbed attention making bad investments in several Wall Street financial firms including Citigroup, Morgan Stanley, and Merrill Lynch. These firms needed a cash infusion due to losses resulting from mismanagement and the subprime mortgage crisis.
sway over - (vi.) to cause to swing or move from side to side.
proxy - a person authorized to act for another.
Clawback - 1. Money or benefits that are distributed and then taken back as a result of special circumstances. 2. A retraction of stock prices or of the market in general.
temporary census workers -
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Tuesday, August 31, 2010
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