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excess profits tax

(Encyclopedia)excess profits tax, levy on any profit above a standard level. Chiefly a wartime phenomenon, it is intended to increase revenue during periods of distress and to prevent businessmen from taking unfair...

Public Works Administration

(Encyclopedia)Public Works Administration (PWA), in U.S. history, New Deal government agency established (1933) by the Congress as the Federal Administration of Public Works, pursuant to the National Industrial Rec...

Putrajaya

(Encyclopedia)Putrajaya, administrative capital of Malaysia and federal territory, 111,313 acres (4,580 hectares), S Malay Peninsula. Construction on the planned city located 25 mi (40 km) south of Kuala Lumpur was...

Herzog, Roman

(Encyclopedia)Herzog, Roman, 1934–2017, German political leader and legal scholar. After receiving his doctorate in law from Ludwig Maximilian Univ., Munich (1958), he taught there, at the Free Univ. of Berlin (1...

Education, United States Department of

(Encyclopedia)Education, United States Department of, executive department of the federal government responsible for advising on educational plans and policies, providing assistance for education, and carrying out ...

Souter, David Hackett

(Encyclopedia)Souter, David Hackett, 1939–, associate justice of the U.S. Supreme Court (1990–2009), b. Melrose, Mass. A graduate of Harvard Law School, he served as New Hampshire's attorney general (1976–78)...

Fannie Mae

(Encyclopedia)Fannie Mae: see Federal National Mortgage Association. ...

insider trading

(Encyclopedia)insider trading, stock market transactions made with knowledge of nonpublic information about corporate activity. In the United States, it has been illegal since 1934. The Securities and Exchange Comm...

Carroll, James

(Encyclopedia)Carroll, James, 1854–1907, American bacteriologist and army surgeon, b. Woolwich, England, M.D. Univ. of Maryland, 1891. He went to Canada at 15 and later joined the U.S. army. A member of the Yello...

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