Search
Search results
Displaying 1 - 10
Resolution Trust Corporation
(Encyclopedia) Resolution Trust Corporation (RTC), in U.S. history, government-owned company formed in 1989 to liquidate the assets of insolvent savings and loan associations (S&Ls). Essentially…leveraged buyout
(Encyclopedia) leveraged buyout, the takeover of a company, financed by borrowed funds. Often, the target company's assets are used as security for the loans acquired to finance the purchase. The…bankruptcy
(Encyclopedia) bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-…zakat
(Encyclopedia) zakatzakatzə-kätˈ [key] [Arab.,=purification], Islamic religious tax, one of the five basic requirements (arkan or “pillars”) of Islam. All adult Muslims of sound mind and body with a…exchange-traded fund
(Encyclopedia) exchange-traded fund (ETF), in finance, an investment company that in exchange for the deposit of a portfolio of stocks, bonds, commodities, or other assets issues securities that…Commonwealth Fund
(Encyclopedia) Commonwealth Fund, foundation established (1918) by Anna M. Harkness, wife of Stephen V. Harkness, an early Standard Oil investor, “for the welfare of mankind.” Its headquarters are in…Hartford Foundation
(Encyclopedia) Hartford Foundation, fund established (1929) by retail food merchants John A. Hartford (1872–1951) and George L. Hartford (1864–1957) of the Great Atlantic and Pacific Tea Company (A…Lilly Endowment, Inc.
(Encyclopedia) Lilly Endowment, Inc., institution founded (1937) at Indianapolis, Ind., by pharmaceutical manufacturer Josiah K. Lilly (1861–1948) as a philanthropic foundation for “the promotion and…Pew Charitable Trusts
(Encyclopedia) Pew Charitable Trusts, philanthropic foundation established (1948) by the children of Sun Oil Company founder Joseph N. Pew (1886–1963) of Philadelphia to provide funds for “general…Sloan, Alfred Pritchard, Jr.
(Encyclopedia) Sloan, Alfred Pritchard, Jr., 1875–1966, American businessman and philanthropist, b. New Haven, Conn., grad. Massachusetts Institute of Technology, 1895. He began his career as a…Trending
Here are the facts and trivia that people are buzzing about.
