Sentences with phrase «fixed pool of money»

Note that there is no guarantee that every eligible student will receive financial aid through these programs, because the awards are made from a fixed pool of money.

Not exact matches

The district also would use the money to fix the roads in one of its major parks, Pilcher Park; to repair Joliet Memorial Stadium, install new playground equipment and renovate the operating systems for the pools, Merner said.

Author compensation will be similar to borrows under the Kindle Owners» Lending Library — a percentage of money from a fixed pool.

For instance, if you have money pooled only in the form of a fixed deposit, then over a period of time, it is possible that inflation will eat away the purchasing power of this singular asset.

For example, in the 2001 case of Stevens v. Cricket Club Condominium, Inc., the Condo Board was found guilty of breaching its fiduciary duty to the condo owners because the Condo Board took special assessment monies that had been assessed to pay for fixing the swimming pool area and instead using some of that special assessment to fix a terrace area.