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Enron Corporation

(Encyclopedia)Enron Corporation, U.S. company that in 2001 became the largest bankruptcy and stock collapse in U.S. history up to that time. The company was formed in 1985 when InterNorth purchased Houston Natural ...

home economics

(Encyclopedia)home economics, study of homemaking and the relation of the home to the community. Formerly limited to problems of food (nutrition and cookery), clothing, sewing, textiles, household equipment, housec...

banking

(Encyclopedia)banking, primarily the business of dealing in money and instruments of credit. Banks were traditionally differentiated from other financial institutions by their principal functions of accepting depos...

reverse mortgage

(Encyclopedia)reverse mortgage: see under mortgage. ...

Federal Trade Commission

(Encyclopedia)Federal Trade Commission (FTC), independent agency of the U.S. government established in 1915 and charged with keeping American business competition free and fair. The FTC has no jurisdiction over ban...

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...

Federal Reserve System

(Encyclopedia)Federal Reserve System, central banking system of the United States. Established in 1913, it began to operate in Nov., 1914. Its setup, although somewhat altered since its establishment, particularly ...

federal government

(Encyclopedia)federal government or federation, government of a union of states in which sovereignty is divided between a central authority and component state authorities. A federation differs from a confederation...

Federal Theatre

(Encyclopedia)Federal Theatre (1935–39), branch of the Work Projects Administration designed to provide employment for actors, directors, writers, and scene designers. As well as providing a nationwide audience w...

savings bank

(Encyclopedia)savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its deposi...