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bankruptcy

(Encyclopedia)bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiv...

sunburn

(Encyclopedia)sunburn, inflammation of the skin caused by actinic rays from the sun or artificial sources. Moderate exposure to ultraviolet radiation is followed by a red blush, but severe exposure may result in bl...

prison

(Encyclopedia)prison, place of confinement for the punishment and rehabilitation of criminals. By the end of the 18th cent. imprisonment was the chief mode of punishment for all but capital crimes. At that time, la...

catalyst

(Encyclopedia)catalyst, substance that can cause a change in the rate of a chemical reaction without itself being consumed in the reaction; the changing of the reaction rate by use of a catalyst is called catalysis...

Mercosur

(Encyclopedia)Mercosur or Mercosul, officially the Common Market of the South, Latin American trade organization established in 1991 to increase economic cooperation among the countries of E South America. It is co...

hiccup

(Encyclopedia)hiccup or hiccough, involuntary spasmodic contraction of the diaphragm followed by a sharp intake of air, which is abruptly stopped by a sudden, involuntary closing of the glottis (opening between the...

American Library Association

(Encyclopedia)American Library Association, founded 1876, organization whose purpose is to increase the usefulness of books through the improvement and extension of library services. As the major professional assoc...

excess profits tax

(Encyclopedia)excess profits tax, levy on any profit above a standard level. Chiefly a wartime phenomenon, it is intended to increase revenue during periods of distress and to prevent businessmen from taking unfair...

pressure-treated wood

(Encyclopedia)pressure-treated wood, wood that has had a liquid preservative forced into it in order to protect against deterioration due to rot or insect attack. The most commonly used preservatives are chromated ...

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