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Khatami, Mohammad

(Encyclopedia)Khatami, Mohammad khätˈämē [key], 1943–, Iranian religious and political leader. From a prominent clerical family, Khatami opposed the regime of Muhammad Reza Shah Pahlevi in the 1960s and 70s, ...

greenback

(Encyclopedia)greenback, in U.S. history, legal tender notes unsecured by specie (coin). In 1862, under the exigencies of the Civil War, the U.S. government first issued legal tender notes (popularly called greenba...

Greenspan, Alan

(Encyclopedia)Greenspan, Alan, 1926–, American economist, chairman of the Federal Reserve Board (1987–2006), b. New York City. Influenced by the philosophy of Ayn Rand, Greenspan is a strong supporter of the fr...

Heath, Sir Edward Richard George

(Encyclopedia)Heath, Sir Edward Richard George, 1916–2005, British statesman. Educated at Oxford, he served in the Royal Artillery during World War II, rising to the rank of colonel. He was elected to Parliament ...

Ford, Gerald Rudolph

(Encyclopedia)Ford, Gerald Rudolph, 1913–2006, 38th president of the United States (1974–77), b. Omaha, Nebr. He was originally named Leslie Lynch King, Jr., but his parents were divorced when he was two, and w...

credit

(Encyclopedia)credit, granting of goods, services, or money in return for a promise of future payment. Most credit is accompanied by an interest charge, which usually makes the future payment greater than an immedi...

Reagan, Ronald Wilson

(Encyclopedia)Reagan, Ronald Wilson rāˈgən [key], 1911–2004, 40th president of the United States (1981–89), b. Tampico, Ill. In 1932, after graduation from Eureka College, he became a radio announcer and spo...

mercantilism

(Encyclopedia)mercantilism mûrˈkəntĭlĭzəm [key], economic system of the major trading nations during the 16th, 17th, and 18th cent., based on the premise that national wealth and power were best served by inc...

Fujimori, Alberto

(Encyclopedia)Fujimori, Alberto älbĕrˈtō fo͞oˌjĭmôrˈē [key], 1938–, president of Peru (1990–2000), b. Lima, Peru. The son of Japanese immigrants, he was educated in Peru and attended Univ. of Wisconsi...

class action

(Encyclopedia)class action, in law, a device that permits one or more persons to sue or be sued as representative of a large group of people interested in the matter at issue. The court in whose jurisdiction a suit...