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Reconstruction Finance Corporation

(Encyclopedia) Reconstruction Finance Corporation (RFC), former U.S. government agency, created in 1932 by the administration of Herbert Hoover. Its purpose was to facilitate economic activity by…

loan

(Encyclopedia) loan, in business, sum of money borrowed at a particular interest rate. More generally, it refers to anything given on condition of its return or repayment of its equivalent. A loan…

Fould, Achille

(Encyclopedia) Fould, AchilleFould, Achilleäshēlˈ f&oomacr;ld [key], 1800–1867, French financier and politician. Fould gave financial backing to Louis Napoleon (later Emperor Napoleon III), whom…

Personal Finance

Cite Investing Online Trading Web Sites Tips for Online Investing Financial Web Sites Economic Indicators for Consumers ABCs of Mutual Funds Financial Planners…

stock, in finance

(Encyclopedia) stock, in finance, instrument certifying to shares in the ownership of a corporation. Bonds are similar evidences of shares in a loan to a corporation. Stock yields no dividends until…

Loan Officer

What is this job like? Loan officers help people apply for loans. This lets people do things like buy a house or a car, or pay for college. Loan officers help businesses by loaning them money…

Jones, Jesse Holman

(Encyclopedia) Jones, Jesse Holman, 1874–1956, U.S. Secretary of Commerce (1940–45), b. Robertson co., Tenn. A lumber magnate, banker, and millionaire of Houston, Tex., Jones was appointed (1932) by…

calculator

(Encyclopedia) calculator or calculating machine, device for performing numerical computations; it may be mechanical, electromechanical, or electronic. The electronic computer is also a calculator…