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If the central bank accepts local-government bonds as collateral, its objective will be to persuade banks to buy the bonds in the first place.Yet this approach to monetary policy creates its own problems.
But these benefits are the fortunate collateral of the programme's main objective, which is to enable playwrights to take the pulse of a generation and reflect it in their work.
It's a worrying sign when America's chief diplomat refers to the central objective in Syria as "a collateral connection".
When military leaders are given objectives, they achieve them at whatever collateral cost they are not explicitly prohibited from incurring.
The primary objective of a mission cannot, by definition, be something collateral.
WikiLeaks's release of the "Collateral Murder" video last April was a pretty scrupulous affair: an objective record of combat activity which American armed forces had refused to release, with careful backing research on what the video showed.
Measuring collateral flow index by intravascular Doppler guidewire may provide a more objective physiological measurement of collateral grade.
The main objective of these trials is to promote the development of collateral blood vessels in ischaemia-related conditions, such as chronic critical limb ischaemia, myocardial ischaemia, angina, or peripheral arterial occlusive disease.
Civilian loss of life as "collateral damage" can be lawful only if it is proportionate to the military objective.
In other words, besides the pre-defined objective in interest, we will not know if a perturbation triggers collateral influences on other parts of the system and what it implicates to the overall system.
- Conflicts of interest are fine.The Zohar III prospectus says the collateral manager may invest for "its own account or others [with]... objectives... identical to the issuer".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com