Then the trading specialists who fill the room, elbowing for space amid the banks of glowing computer screens bark orders laden with elaborate contingencies: buy at one price, sell at another; buy or sell options; buy oil and sell gasoline simultaneously, or the reverse.
SARAH GREEN CARMICHAEL: Sort of like a home inspection is often a contingency on buying a house?
Admittedly, Argentina and Mexico have voluntarily adopted schemes similar in spirit to the Buiter-Sibert plan (by buying contingency credit lines with foreign banks).
To solve for this, Ribbon wants to give every consumer the leverage of an all-cash offer while eliminating the mortgage contingency in home buying.
Among the cuts in Bedford's contingency budget: delays in buying new desks, equipment and buses, and delays in financing capital projects, including a refurbished high school track and an expanded play area at an elementary school.
Sustaining changes included implementing new reordering processes, new procedures for ordering stock at store level and for managing incoming stock at regional distributional centers and its subsequent distribution to stores, the elimination of contingency buffers in forecasting and buying processes, and the halting of in-store physical stock checks.
It's best to stick with the essentials -- or only those contingencies that you'd feel uncomfortable buying the home without.
One-off savings included £12m from unused contingency funding for closing analogue TV, £8m from buying fewer programmes and unallocated cash reserves.
Those involved say that the original budget was always an operational figure and did not include VAT, the cost of buying and remediating the land or the sizeable contingency fund required.
Mr. Evans said his contingency plan was to buy Rancho Veal if it were threatened with closing.
Moreover, the buyout firm is buying its European affiliate at a discount, albeit with a complex contingency feature.
