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USA PATRIOT Act

(Encyclopedia)USA PATRIOT Act [Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorists], 2001, U.S. federal law intended to give federal authorities increased ...

Edison, Thomas Alva

(Encyclopedia)Edison, Thomas Alva, 1847–1931, American inventor, b. Milan, Ohio. A genius in the practical application of scientific principles, Edison was one of the greatest and most productive inventors of his...

data encryption

(Encyclopedia)data encryption, the process of scrambling stored or transmitted information so that it is unintelligible until it is unscrambled by the intended recipient. Historically, data encryption has been used...

monopoly

(Encyclopedia)monopoly mənōpˈəlē [key], market condition in which there is only one seller of a certain commodity; by virtue of the long-run control over supply, such a seller is able to exert nearly total con...

smart card

(Encyclopedia)smart card, small device that resembles a credit card but contains an embedded microprocessor to store and process information. Magnetic-stripe cards, which store a very small amount of information (m...

Sherman Antitrust Act

(Encyclopedia)Sherman Antitrust Act, 1890, first measure passed by the U.S. Congress to prohibit trusts; it was named for Senator John Sherman. Prior to its enactment, various states had passed similar laws, but th...

competition, in economics

(Encyclopedia)competition, in economics, rivalry in supplying or acquiring an economic service or good. Sellers compete with other sellers, and buyers with other buyers. In its perfect form, there is competition am...

credit card

(Encyclopedia)credit card, device used to obtain consumer credit at the time of purchasing an article or service. Credit cards may be issued by a business, such as a department store or an oil company, to make it e...

information theory

(Encyclopedia)information theory or communication theory, mathematical theory formulated principally by the American scientist Claude E. Shannon to explain aspects and problems of information and communication. Whi...

broadcasting

(Encyclopedia)broadcasting, transmission, usually using radio frequencies, of sound or images to a large number of radio or television receivers. In the United States the first regularly scheduled radio broadcasts ...