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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...

housing

(Encyclopedia)housing, in general, living accommodations available for the inhabitants of a community. Throughout the 19th cent., with the advent of the Industrial Revolution, housing as a problem worsened as urban...

Freddie Mac

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

Wagner, Otto

(Encyclopedia)Wagner, Otto ôtˈō vägˈnər [key], 1841–1918, Austrian architect. A structural rationalism was exhibited in his stations for the Vienna city railroad, built in the 1890s. His later works, showin...

Creswell, John Angel James

(Encyclopedia)Creswell, John Angel James, 1828–91, U.S. Postmaster General (1869–74), b. Port Deposit, Md. He was a lawyer, U.S. Representative (1863–65), and U.S. Senator (1865–67), but his important work ...

Romanesque architecture and art

(Encyclopedia)Romanesque architecture and art, the artistic style that prevailed throughout Europe from the 10th to the mid-12th cent., although it persisted until considerably later in certain areas. The term Roma...

Modigliani, Franco

(Encyclopedia)Modigliani, Franco, 1918–2003, American economist, b. Rome. Jewish, antifascist, and trained as a lawyer, he fled Mussolini's Italy in 1938, settling in the United States in 1939, where he studied e...

Whitewater, in U.S. history

(Encyclopedia)Whitewater, popular name for a failed 1970s Arkansas real estate venture by the Whitewater Development Corp., in which Gov. (later President) Bill Clinton and his wife, Hillary Rodham Clinton, were pa...

Fould, Achille

(Encyclopedia)Fould, Achille äshēlˈ fo͞old [key], 1800–1867, French financier and politician. Fould gave financial backing to Louis Napoleon (later Emperor Napoleon III), whom he served four times as minister...

Rothschild, Nathan Meyer

(Encyclopedia)Rothschild, Nathan Meyer, 1777–1836, British banker, b. Frankfurt, Germany; of the famous Rothschild family. He went to England in 1797, was naturalized in 1804, and opened a business house in Londo...