单词 | funding system |
释义 | > as lemmasfunding system a. In sense 1, as funding act, funding system, etc. ΚΠ 1761 Public Ledger 9 May 422/1 The Stocks were seized with a fit of sickness, defined by the funding faculty to be a fall of two per cent. 1790 M. Cutler Let. 21 Mar. in W. P. Cutler & J. P. Cutler Life, Jrnls. & Corr. M. Cutler (1888) I. 463 Congress..ought to pay no regard to this matter in their establishment of a funding system. 1837 J. R. McCulloch Statist. Acct. Brit. Empire II. v. ii. 532 In the infancy of the funding system it was customary to borrow upon the security of some tax, or portion of a tax, set apart as a fund for discharging the principal and interest of the sum borrowed. 1871 Lowell (Mass.) Daily Citizen & News 11 Jan. The Senate has passed a bill changing the terms of the funding act, by authorizing an increase of the issue of five per cent. bonds from two to five hundred millions. 1892 Daily News 29 June 2/3 The directors protest against the receipt of funding bonds instead of the cash guarantee. 1915 C. A. Beard Econ. Origins Jeffersonian Democracy vi. 179 Of the fourteen Senators who voted in favor of the funding bill.., at least ten..appear upon the Treasury records as holders of public securities at the time of the funding process. 1992 B. Eichengreen Golden Fetters (1995) 79 Additional funding loans followed at six-month intervals but did not obviate the need to issue a rapidly growing stock of treasury bills. < as lemmas |
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