Sentences with phrase «set staggered terms»
The Federal Reserve Act set staggered terms for the Federal Reserve Board members (selected by local business and financial leaders, not Washington politicians) so that the President could not «pack the bench» as Jackson had done in 1833 by removing Secretary Duane in favor of Taney.
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That is the idea behind a bond ladder: Basically each year you buy one set of long - term bonds with a fixed high paying interest rate and then stagger them over a long period of time.
Former Manchester United and Manchester City striker Carlos Tevez is reportedly set to agree terms on a staggering new # 615,000 - a-week deal with Shanghai Shenua.
February 1 — January is supposedly never the ideal time to buy players in terms of planning yet Premier League clubs spent a record # 430 million in the winter transfer window that closed Wednesday night, according to Deloitte's Sports Business Group, exceeding the previous record set in 2011 by a staggering 91 %.
The government on Wednesday set out areas of agreement between it and the joint committee: a mainly elected chamber, elected members voted on a system of single transferable vote, staggered elections with one third coming up for renewal at a time, peers to serve 15 - year terms, current peers to leave in stages, a reduced number of peers, and powers to expel peers.
Given the limited number of bond terms, and therefore difficulty setting up a bond ladder with such bonds, many use a TIPS fund rather than buy individual securities, but diversification of TIPS is not required either if you do not need staggered maturities (a bond ladder).
That is the idea behind a bond ladder: Basically each year you buy one set of long - term bonds with a fixed high paying interest rate and then stagger them over a long period of time.