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hedge fund

(Encyclopedia)hedge fund, in finance, a largely unregulated investment device with a relatively small number of investors that aims to outperform the markets. Originating in the 1950s, the funds “hedge” by offs...

shell money

(Encyclopedia)shell money, medium of exchange consisting of shells, the most widely distributed type of ancient currency. Shells are particularly useful as money because they may be strung in long strips of proport...

dividend

(Encyclopedia)dividend, that part of the net earnings of a corporation that is distributed to its stockholders. Dividend disbursements are based on a percentage of the par value of the stock or are a certain sum pe...

grafting

(Encyclopedia)CE5 Two methods of grafting grafting, horticultural practice of uniting parts of two plants so that they grow as one. The scion, or cion, the part grafted onto the stock or rooted part, may be a s...

merger

(Encyclopedia)merger, in corporate business, fusion of two or more corporations by the transfer of all property to a single corporation. The remaining corporation continues in existence, having absorbed the other(s...

Rivera, Diego

(Encyclopedia)Rivera, Diego ᵺyāˈgō rēvāˈrä [key], 1886–1957, Mexican mural painter, studied as a youth with Posada and other Mexican painters; husband of Frida Kahlo. The native sculpture of Mexico deepl...

gillyflower

(Encyclopedia)gillyflower: see pink; stock; wallflower. ...

Black Monday

(Encyclopedia)Black Monday, Oct. 19, 1987, in U.S. history, day of financial panic. The Dow Jones Average fell 508.32 points, a drop of 22.6%, the largest since 1914. The point decline as well as the volume, 604.33...

Cassel, Gustav

(Encyclopedia)Cassel, Gustav go͝osˈtäf käˈsəl [key], 1866–1945, Swedish economist and authority on international monetary problems. He was a delegate to many world economic conferences and wrote valuable pa...

Uto-Aztecan

(Encyclopedia)Uto-Aztecan yo͞oˈtō-ăztĕkˈən [key], branch of the Aztec-Tanoan linguistic stock. The languages belonging to this stock are spoken in North and Central America. See Native American languages. ...