(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) savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest…
(Encyclopedia) galley, long, narrow vessel widely used in ancient and medieval times, propelled principally by oars but also fitted with sails. The earliest type was sometimes 150 ft (46 m) long with…
(Encyclopedia) bank holidays, days when the law requires that banks be closed. In the United States the list varies from state to state but generally includes, besides the major holidays, many days…
(Encyclopedia) Sabine CrossroadsSabine Crossroadssăbˌēnˈ [key], locality, De Soto parish, NW La., near Mansfield. There in the Civil War, Union forces under Nathaniel P. Banks, advancing on…
(Encyclopedia) banksiabanksiabăngkˈsēə [key] [for Sir Joseph Banks], popularized name of a genus of Australian evergreen trees and shrubs of the same family as the macadamia and sometimes cultivated…
(Encyclopedia) Safra, family of Brazilian bankers with Sephardic Jewish roots. They began as merchant bankers in Syria and Lebanon, financing caravans throughout the Middle East. The Safras are also…
(Encyclopedia) industrial policy, government-sponsored economic program in which the public and private sectors coordinate their efforts to develop new technologies and industries. Government…
(Encyclopedia) Raiffeisen, Friedrich WilhelmRaiffeisen, Friedrich Wilhelmfrēˈdrĭkh vĭlˈhĕlm rīfˈīˌzən [key], 1818–88, German leader in the cooperative movement. Between 1845 and 1865 he was mayor of…
(Encyclopedia) check or cheque, bill of exchange (see draft) drawn upon a bank or trust company or broker connected with a clearinghouse (see clearing). Upon presentation of a check, the bank or…
