But standing "ready to act" has been the ECB's watchword for a long time now.
The watchword here is be careful of bonds with high yields and scant information.
Caution is the watchword when "Plastic Jesus" heads out to pursue his alter ego's creative impulses.
Kirwan's current watchword is "osare" - the Italian for 'taking a risk' or 'being daring.
Uncompromising realism is his watchword, though not compromising with whom remains tantalisingly vague.
"Simpler, clearer, faster", is the promise on the site - and "cheaper" is supposed to be the other watchword.
Delivery, say Plaid, may be the "watchword" of this government but "we are still watching and we are still waiting".
And ultimately, trading integrity is the watchword of any exchange, whether it is run as a cooperative or a for-profit entity.
The watchword, borrowed from the jargon of drug delivery, is combination prevention.
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That, though, would make their meat more expensive, and cheap food has been the watchword of successive UK Governments for half a century.
Caution may be the watchword but the economists surveyed do anticipate a 0.5% increase in economic growth in 2013 over the 2012 rate.
Contingency planning is becoming the watchword in the private sector, too.
Defence became the watchword for both sides after an open first 15 minutes but the Warriors took the lead again in the 23rd minute through substitute Joel Tomkins.
With even the faintest hopes of victory faintly banished, survival was the watchword for India and the two right-handers with oceans of experience behind them kept Australia's bowlers at bay.
It occurred to me that in sports in general these days, parity - or equality among the teams - is the watchword in almost every sport, in college football and pro-football and pro-basketball.
Unobtrusive is the watchword here.
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