Investors have used two previous cuts in the rate as an excuse to convert big paper profits to the real thing.

Subsequent cuts are made using the surface of the previous cut as the guide.

The previous cut, from 6.75 to 6.5 percent, came on April 15.

But now, because of changes to the budget, the reduction is only $836,700, on top of previous cuts made since 9/11.

United is seeking another $725 million in cuts from its unions, on top of $2.5 billion a year in previous cuts.

A previous cut eliminated the social worker who used to help children, families and teachers cope with these horrors.

Soil from subsequent cuts is deposited as fill in the previous cut after coal has been removed.

Despite the loss in revenue from previous cuts, most travel agents have demonstrated surprisingly strong survival skills.

Small chips flew from where previous cuts were intersected.

A greater importance to collectors is where a recut contains an audible difference from previous cuts.