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mutual fund

(Encyclopedia)mutual fund, in finance, investment company or trust that has a very fluid capital stock. It is unique in that at any time it can sell or redeem any of its outstanding shares at net asset value (i.e.,...

Lobengula

(Encyclopedia)Lobengula lōˌbĕng-go͞oˈlə [key], c.1833–94, king of Matabeleland (now in Zimbabwe). After succeeding his father (1870), he tried to turn aside the approaches of European colonizers. In 1888, h...

Sadducees

(Encyclopedia)Sadducees săjˈo͝osēz, sădˈyo͝o– [key], sect of Jews formed around the time of the Hasmonean revolt (c.200 b.c.). Little is known concerning their beliefs, but according to Josephus Flavius, t...

Lincoln, city and district, England

(Encyclopedia)Lincoln, city and district (1991 pop. 79,980), county seat of Lincolnshire, E England, in the Parts of Kesteven, on the Witham River. Located at the junction of the Roman Fosse Way and Ermine Street, ...

Jhelum, river, India and Pakistan

(Encyclopedia)Jhelum or Jehlam both: jāˈləm [key], westernmost of the five rivers of the Punjab, 480 mi (772 km) long. Rising in Jammu and Kashmir, India, it flows W through the Vale of Kashmir, S through Pakist...

land-grant colleges and universities

(Encyclopedia)land-grant colleges and universities, U.S. institutions benefiting from the provisions of the Morrill Act (1862), which gave to the states federal lands for the establishment of colleges offering prog...

midsummer day and midsummer night

(Encyclopedia)midsummer day and midsummer night, names given to the feast of the nativity of St. John the Baptist (June 24) and the preceding night (St. John's Eve, June 23). Because midsummer is about the time of ...

Lexington and Concord, battles of

(Encyclopedia)Lexington and Concord, battles of, opening engagements of the American Revolution, Apr. 19, 1775. After the passage (1774) of the Intolerable Acts by the British Parliament, unrest in the colonies inc...

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