(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.?
(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?
(Encyclopedia) Barnegat Bay brn?g?t, arm of the Atlantic Ocean, c.30 mi (50 km) long, E N.J., inside Long Beach Island and Island Beach Peninsula. It is a heavily used recreational asset in an area?
(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-?
(Encyclopedia) zakat z?-kt [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 set level of?
(Encyclopedia) legacy, bequest by will of personal property, similar in many respects to a gift causa mortis. A legacy ordinarily is distinguished from a devise, which transfers real property by will?
(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?
(Encyclopedia) Enfield, town (1990 pop. 45,532), Hartford co., N Conn., on the Connecticut River at the Mass. line; settled c.1680. The town has varied manufacturing, including filtration systems,?
(Encyclopedia) Miller, Merton H., 1923?2000, American economist, grad. Harvard, 1943, Ph.D. Johns Hopkins, 1952. A professor at Carnegie-Mellon Univ. (1953?61) and the Univ. of Chicago (1961?93), he?
(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?
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