(Encyclopedia) commercial paper, type of short-term negotiable instrument, usually an unsecured promissory note, that calls for the payment of money at a specified date. Because it is not backed by…
(Encyclopedia) pin. One of the earliest human artifacts, pins were at first made of thorns, bone, or wood and were used as clothing fasteners, hairpins, and meat skewers. These long, single-shaft…
(Encyclopedia) Cartes Jara, Horacio Manuel, 1956–, Paraguayan businessman and political leader. The son of a businessman who owned an aircraft franchise, Cartes studied aviation in the United States…
A Firm BaseOverview of EconomicsIntroductionWhat Is Economics and Who Cares?Will That Be Large or Small?A Firm BaseGetting Organized: Command, Market, and Mixed EconomiesThree Economists and Their…
(Encyclopedia) loan, in business, sum of money borrowed at a particular interest rate. More generally, it refers to anything given on condition of its return or repayment of its equivalent. A loan…
(Encyclopedia) Shirley, William, 1694–1771, colonial governor in British North America, b. England. He became a lawyer and in 1731 emigrated to Massachusetts. In 1741 he became governor of…
(Encyclopedia) Pujo, Arsène PaulinPujo, Arsène Paulinarsĕnˈ pôlăNˈ püzhōˈ [key], 1861–1939, U.S. congressman, b. Lake Charles, La. He practiced law in Louisiana before serving (1903–13) as a…
(Encyclopedia) Independent Treasury System, in U.S. history, system for the retaining of government funds in the Treasury and its subtreasuries independently of the national banking and financial…
(Encyclopedia) counterfeiting, manufacturing spurious coins, paper money, or evidences of governmental obligation (e.g., bonds) in the semblance of the true. There must be sufficient resemblance to…
Source: FDIC Consumer News, Spring 1995. The value of the U.S. dollar has an impact on all our lives, not just those of us who travel abroad. So what does it mean when the dollar is “up” against…
