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banking
(Encyclopedia)banking, primarily the business of dealing in money and instruments of credit. Banks were traditionally differentiated from other financial institutions by their principal functions of accepting depos...margin requirement
(Encyclopedia)margin requirement, that part of a security's price that a buyer must pay for in cash. The balance of the price is met by the broker, who, in effect, is supplying a client with a loan. The smaller the...Laughlin, James Laurence
(Encyclopedia)Laughlin, James Laurence lŏfˈlĭn [key], 1850–1933, American economist, b. Deerfield, Ohio, Ph.D. Harvard, 1876. He was a distinguished teacher, and as head of the department of political economy ...Burns, Arthur Frank
(Encyclopedia)Burns, Arthur Frank, 1904–87, American economist, b. Austria, grad. Columbia Univ. (A.B., 1925; A.M., 1925; Ph.D., 1934). He taught economics at Rutgers Univ. (1927–44), and then joined (1944) the...land-grant colleges and universities
(Encyclopedia)land-grant colleges and universities, U.S. institutions benefiting from the provisions of the Morrill Act (1862), which gave to the states federal lands for the establishment of colleges offering prog...Federal Deposit Insurance Corporation
(Encyclopedia)Federal Deposit Insurance Corporation (FDIC), an independent U.S. federal executive agency designed to promote public confidence in banks and to provide insurance coverage for bank deposits up to $250...National Petroleum Reserve
(Encyclopedia)National Petroleum Reserve, area, c.23 million acres (9.32 million hectares), Alaska North Slope, situated W of Prudhoe Bay and the Arctic National Wildlife Refuge. The reserve, which is the largest r...Glass, Carter
(Encyclopedia)Glass, Carter, 1858–1946, American politician, U.S. Secretary of the Treasury (1918–20), U.S. Senator from Virginia (1920–46), b. Lynchburg, Va. He learned the printer's trade and became owner o...discount
(Encyclopedia)discount, in banking and investment, fee for lending money, which the banker deducts from the loan when it is given. Thus, with a $1,000 loan at a 6% discount, the borrower receives $940 and repays $1...Pujo, Arsène Paulin
(Encyclopedia)Pujo, Arsène Paulin arsĕnˈ pôlăNˈ püzhōˈ [key], 1861–1939, U.S. congressman, b. Lake Charles, La. He practiced law in Louisiana before serving (1903–13) as a Democratic Congressman in the...Browse by Subject
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