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discount

(Encyclopedia)discount, in banking and investment, fee for lending money, which the banker deducts from the loan when it is given. Thus, with a $1,000 loan at a 6% discount, the borrower receives $940 and repays $1...

dowry

(Encyclopedia)dowry douˈrē [key], the property that a woman brings to her husband at the time of the marriage. The dowry apparently originated in the giving of a marriage gift by the family of the bridegroom to t...

credit, letter of

(Encyclopedia)credit, letter of, commercial instrument through which a bank or other financial institution instructs a correspondent institution to advance a specified sum of money to the bearer. The document is ca...

collateral

(Encyclopedia)collateral kəlătˈərəl [key], something of value given or pledged as security for payment of a loan. Collateral consists usually of financial instruments, such as stocks, bonds, and negotiable pap...

finder

(Encyclopedia)finder, in law. Ordinarily the finder of lost property is entitled to retain it against anyone except the owner. It is larceny, however, for the finder to keep the property if he knows or can easily d...

Ewell, Benjamin Stoddert

(Encyclopedia)Ewell, Benjamin Stoddert yo͞oˈəl [key], 1810–94, American educator, b. Georgetown, D.C., grad. West Point, 1832; brother of Gen. R. S. Ewell. He taught mathematics at West Point, Hampden-Sidney C...

Falkland, Lucius Cary, 2d Viscount

(Encyclopedia)Falkland, Lucius Cary, 2d Viscount fôkˈlənd [key], 1610?–1643, English statesman and literary figure. He entered Parliament in 1640, where he opposed the exaction of ship money and spoke in favor...

Seminole War

(Encyclopedia)Seminole War, in U.S. history, armed conflict between the U.S. government and the Seminoles. In 1832 the U.S. government signed a treaty with the Seminoles, who lived in Florida, providing for their r...

Platt, Orville Hitchcock

(Encyclopedia)Platt, Orville Hitchcock, 1827–1905, U.S. Senator (1879–1905), b. Washington, Litchfield co., Conn. Platt held many public offices in Connecticut before he served in the U.S. Senate. He helped fra...

Saca González, Elías Antonio

(Encyclopedia)Saca González, Elías Antonio ālēˈäs äntōˈnēō säˈkä gōnsälˈās [key], 1965–, Salvadoran political leader, president of El Salvador (2004–9), b. Usulután. “Tony” Saca worked as...