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Council for Mutual Economic Assistance

(Encyclopedia)Council for Mutual Economic Assistance (COMECON or MEA), international organization active between 1956 and 1991 for the coordination of economic policy among certain nations then under Communist domi...

Economic and Social Council

(Encyclopedia)Economic and Social Council, constituent organ of the United Nations. It was established by the UN Charter and has 54 (18 before 1965) member nations elected for three-year terms (one third every year...

Nordic Council

(Encyclopedia)Nordic Council, international consultative body, created in 1952 by Denmark, Iceland, Norway, and Sweden. Finland joined the council in 1955. The territories of the Faeroes and the Åland Islands have...

mutual fund

(Encyclopedia)mutual fund, in finance, investment company or trust that has a very fluid capital stock. It is unique in that at any time it can sell or redeem any of its outstanding shares at net asset value (i.e.,...

COMECON

(Encyclopedia)COMECON: see Council for Mutual Economic Assistance. ...

European Council

(Encyclopedia)European Council, institution of the European Union (EU) responsible for defining the EU's general political direction and priorities. It is composed of an elected president (who serves a two-and-a-ha...

orders in council

(Encyclopedia)orders in council, in British government, orders given by the sovereign on the advice of all or some of the members of the privy council, without the prior consent of Parliament. Orders in council, fi...

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