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Glossary of Financial Terms

Adjusted gross income Amount of income that is subject to federal income tax. In addition to any other tax credits, contributions to IRAs and 401(k) plans are subtracted from the total. Aggressive…

Harry Max Markowitz Biography

Harry Max MarkowitzeconomistBorn: 8/24/1927Birthplace: Chicago, Ill. Nobel Laureate economist who pioneered the idea of a “portfolio” that investors could use to minimize their risks. The…

Franklin D. Roosevelt's First Fireside Chat

Given on Sunday, March 12, 1933 I want to talk for a few minutes with the people of the United States about banking—with the comparatively few who understand the mechanics of banking but more…

Bank of England

(Encyclopedia) Bank of England, central bank and note-issuing institution of Great Britain. Popularly known as the Old Lady of Threadneedle Street, its main office stands on the street of that name…

Accountant---Corporate

No name Tell us about your work---what do you do? As an accountant for a quick service restaurant company's corporate office, I help prepare…

Largest U.S. Bankruptcies, 1980–Present

Filing away some of America's biggest IOUs Bankruptcy is the legal process of getting out of insolvency. Insolvency is when a person or business is incapable of paying back its debts. These debts…

Antitrust, Again

Antitrust, Again Microsoft Joins a Long Tradition in Big Business by Tasha Vincent This article was posted in October, 1998. Standard Oil had come to symbolize the ruthless…

December 2017 Current Events: US News

Top of Page Disaster News | Science & Technology News | World News The world is a very busy place, and it's hard to stay on top of everything. Infoplease has got you covered. Here are the world…