Columbia Encyclopedia

Search results

216 results found

Federal National Mortgage Association

(Encyclopedia)Federal National Mortgage Association (FMNA), commonly known as Fannie Mae, government-sponsored enterprise that is the largest purchaser and guarantor of home mortgages in the country. Headquartered ...

incorporation

(Encyclopedia)incorporation: see corporation.

holding company

(Encyclopedia)holding company: see corporation.

debenture

(Encyclopedia)debenture dəbĕnˈchər [key], document acknowledging indebtedness. In Great Britain a debenture is practically the same as a bond, and debenture stock is similar to preferred stock. In the United St...

Freddie Mac

(Encyclopedia)Freddie Mac: see Federal Home Loan Mortgage Corporation. ...

Cerf, Vinton Gray

(Encyclopedia)Cerf, Vinton Gray, 1943–, American computer scientist, b. New Haven, Conn., B.S. Stanford, 1965, Ph.D. Univ. of California, Los Angeles, 1972. With Robert Kahn, he is responsible for the design and ...

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 potential buyer stops...

Knox, Philander Chase

(Encyclopedia)Knox, Philander Chase fəlănˈdər [key], 1853–1921, U.S. cabinet member, b. Brownsville, Pa. He built up a fortune as a corporation lawyer in Pittsburgh. He was Attorney General (1901–4) in the ...

Whitney, William Collins

(Encyclopedia)Whitney, William Collins, 1841–1904, American financier and political leader, b. Conway, Mass. After attending (1863–64) Harvard law school, he moved to New York City, became successful as a corpo...

golden parachute

(Encyclopedia)golden parachute, a contract given to top executives of a corporation to provide benefits in case of job loss due to a takeover by another firm or a merger. The unusually generous benefits may include...