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John D. and Catherine T. MacArthur Foundation

(Encyclopedia) John D. and Catherine T. MacArthur Foundation, philanthropic institution founded 1978 by John D. MacArthur (1897–1978), owner of a prominent insurance company and other businesses, and…

Iran hostage crisis

(Encyclopedia) Iran hostage crisis, in U.S. history, events following the seizure of the American embassy in Tehran by Iranian students on Nov. 4, 1979. The overthrow of Muhammad Reza Shah Pahlevi of…

Khodorkovsky, Mikhail Borisovich

(Encyclopedia) Khodorkovsky, Mikhail BorisovichKhodorkovsky, Mikhail Borisovichmēkhəyēlˈ bərēˈsəvĭch kōdôrkôfˈskē [key], 1963–, Russian business executive. In the waning years of the Soviet Union, he…

Gyanendra

(Encyclopedia) GyanendraGyanendragyänĕnˈdrə [key], 1947–, last king of Nepal (2001–8). Second son of King Mahendra (r. 1955–72) and brother of King Birendra (r. 1972–2001), Gyanendra was a…

Watson, Thomas John

(Encyclopedia) Watson, Thomas John, 1874–1956, American industrialist and philanthropist, b. Campbell, N.Y. After rising from clerk to sales executive in the National Cash Register Co. (1898–1913),…

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…

auditing

(Encyclopedia) auditing, examination and statement of accounts and of other documents connected with accounts by persons who have had no part in their preparation. Systems of financial inspection…

International Peace Bureau

(Encyclopedia) International Peace Bureau (IPB), organization est. 1891 in Bern, Switerland, by Fredrik Bajer and other members of the third World Peace Congress. Dedicated to promoting world peace,…

Ford Foundation

(Encyclopedia) Ford Foundation, philanthropic institution, established (1936) in Michigan by Henry Ford and his son, Edsel, for the general purpose of advancing human welfare. Until 1950 the…

depreciation

(Encyclopedia) depreciation, in accounting, reduction in the value of fixed or capital assets, as by use, damage, weathering, or obsolescence. It can be estimated according to a number of methods. In…