Search

Search results

Displaying 21 - 30

Cassel, Gustav

(Encyclopedia) Cassel, GustavCassel, Gustavg&oobreve;sˈtäf käˈsəl [key], 1866–1945, Swedish economist and authority on international monetary problems. He was a delegate to many world economic…

negotiable instrument

(Encyclopedia) negotiable instrument, bill of exchange, check, promissory note, or other written contract for payment that may serve as a substitute for money. It is simple in form and easy to…

arbitrage

(Encyclopedia) arbitrage: see foreign exchange.

legate

(Encyclopedia) legatelegatelĕgˈət [key] [Lat. legare=to send], one sent as a representative of a state or of some high authority. In Roman history a legate was sent by the senate to the provinces as…

clearing

(Encyclopedia) clearing, in banking, the periodic settling of bankers' claims against each other, for which local banks establish clearinghouse associations. Clearinghouses are said to have existed…

greenmail

(Encyclopedia) greenmail, payment, by a corporation that is a takeover target, of a premium price for the shares of its stock that have been accumulated by the potential buyer. In exchange, the…

Mauss, Marcel

(Encyclopedia) Mauss, MarcelMauss, Marcelmärsĕlˈmōs [key], 1872–1950, French sociologist and anthropologist. Nephew of eminant sociologist Émile Durkheim, Mauss graduated from the Univ. of Bordeaux…

Securities and Exchange Commission

(Encyclopedia) Securities and Exchange Commission (SEC), agency of the U.S. government created by the Securities Exchange Act of 1934 and charged with protecting the interests of the public and…

intermolecular forces

(Encyclopedia) intermolecular forces, forces that are exerted by molecules on each other and that, in general, affect the macroscopic properties of the material of which the molecules are a part.…