Its aim is to provide the online equivalent of cash, to allow web surfers to exchange payments easily.
Slow-turning goods become the equivalent of cash to pay for something that in a better economy would have been covered by the cash flow and profits from customer sales.
Natural Resource Partners, even with a hefty 10.5% yield, is trading at the equivalent of nine times cash flow.
Many banks have been running on the cash equivalent of fumes during the financial crisis.
She struggled to meet a monthly bill that was equivalent to almost half of her cash income, but could not keep up payments and is now trying to go bankrupt.
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Unlike recipients of cash or cash-equivalent benefits like Social Security or food stamps, you can't measure the benefit of schools in terms of dollars.
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Yet, considering a population of 1.4 billion, if 1% of them were moving out of poverty each year it would be the equivalent of the population of Russia all of a sudden having a little extra cash to spend at the supermarket.
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Investors largely shrugged off the settlement, which is equivalent to 15% of RIM's cash holdings.
The undisclosed loans were equivalent to 100% of Enron's pretax cash flow in 1999.
Think of it as the equivalent of a bookmaker placing bets with his firm's cash, and only pretending to lay off those bets with other bookmakers - which would be financial suicide if the real bets were not to come good.
Just in case you missed it the first time around, or fell off your chair and forgot what you were reading about: Sony will lose the equivalent (or more) to the retail price of a competing console every time a cash register rings up a PS3 sale this holiday.
The change in net earnings and operating cash flows is primarily due to a 36% increase in the number of silver equivalent ounces sold, which was partially offset by a 24% decrease in the realized price per silver equivalent ounce, the company said in its quarterly statement Thursday.
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Shareholders in target companies may not get as much cash or stock in the transaction as they would like, but they do get the equivalent of a lottery ticket.
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But if a company keeps growing free cash flow and uses part of the cash to keep shrinking the float, why would not such a company outperform an equivalent dividend payer?
Recently, he shifted some of the organization's gold bullion into an equivalent bet on gold using futures, a move that freed up cash that was plowed into stocks.
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