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Beaufort, Henry

(Encyclopedia)Beaufort, Henry bōˈfərt [key], 1377?–1447, English prelate and statesman. The son of John of Gaunt, duke of Lancaster, and his mistress (later wife) Catherine Swynford, he was half-brother to Hen...

commercial revolution

(Encyclopedia)commercial revolution, in European history, a fundamental change in the quantity and scope of commerce. In the later Middle Ages steady economic expansion had seen the rise of towns and the advent of ...

composition, in ancient and medieval law

(Encyclopedia)composition, in ancient and medieval law, a sum of money paid by a guilty party as satisfaction to the family of the person who was injured or killed. Failure to make the payment might justify retalia...

Crane, Hart

(Encyclopedia)Crane, Hart (Harold Hart Crane), 1899–1932, American poet, b. Garrettsville, Ohio. He published only two volumes of poetry during his lifetime, but those works established Crane as one of the most o...

Gordy, Berry, Jr.

(Encyclopedia)Gordy, Berry, Jr., 1929–, African-American music-industry executive, b. Detroit. After stints in the army and as a professional boxer, Gordy opened a ...

value, in economics

(Encyclopedia)value, in economics, worth of a commodity in terms of other commodities, or in terms of money (see price). Value depends on both desirability and scarcity. The marginal theory of value, pioneered in t...

puts and calls

(Encyclopedia)puts and calls, in securities trading. A call is a contract that gives the holder the right to purchase a given stock at a specific price within a designated period of time. It is the opposite of a pu...

patroon

(Encyclopedia)patroon pətro͞onˈ [key] [Du.,=patron or employer], in American history, the name given to a Dutch landowner in New Netherland who exerted manorial rights in colonial times. To encourage emigration ...

Galsworthy, John

(Encyclopedia)Galsworthy, John gôlzˈwûrᵺē, gălzˈ– [key], 1867–1933, English novelist and dramatist. Winner of the 1932 Nobel Prize in Literature, he is best remembered for his series of novels tracing t...

Abramoff scandal

(Encyclopedia)Abramoff scandal, in U.S. history, political corruption scandal resulting from criminal conduct on the part of lobbyist Jack Abramoff (1959–) and his associates. Abramoff was a Republican activist w...