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clearing

(Encyclopedia)clearing, in banking, the periodic settling of bankers' claims against each other, for which local banks establish clearinghouse associations. Clearinghouses are said to have existed in Florence by a....

automated teller machine

(Encyclopedia)automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magne...

Panama, city, Panama

(Encyclopedia)Panama, city (1990 pop. 584,803), central Panama, capital and largest city of Panama, on the Gulf of Panama. Founded in 1519 by Pedro Arias de Ávila, the city flourished in early colonial times as th...

Wriston, Walter Bigelow

(Encyclopedia)Wriston, Walter Bigelow, 1919–2005, American banker, b. Middletown, Conn., grad. Wesleyan (B.A., 1941); Fletcher School, Tufts Univ. (M.A., 1942). Widely considered the most important and influentia...

Caldera Rodríguez, Rafael Antonio

(Encyclopedia)Caldera Rodríguez, Rafael Antonio räfäĕlˈ käldāˈrä rôᵺrēˈgās [key], 1916–2009, president of Venezuela (1969–74, 1994–99). A lawyer and professor of sociology, he was first elected...

Biddle, Nicholas, American financier

(Encyclopedia)Biddle, Nicholas, 1786–1844, American financier, b. Philadelphia. After holding important posts in the American legations in France and England, he returned to the United States in 1807 and became o...

Lehman, Herbert Henry

(Encyclopedia)Lehman, Herbert Henry lēˈmən [key], 1878–1963, American political leader, b. New York City. At first an executive of a textile firm, he became (1908) a partner in the family banking house of Lehm...

Fulbright, James William

(Encyclopedia)Fulbright, James William, 1905–95, U.S. Senator from Arkansas (1945–75), b. Sumner, Mo. A Rhodes scholar, he was admitted (1934) to the bar and served (1934–35) in the antitrust division of the ...

Draghi, Mario

(Encyclopedia)Draghi, Mario mäˈēō drägˈē [key], 1947–, Italian economist and government and international ...

Charlotte, city, United States

(Encyclopedia)Charlotte, city (2020 pop. 874,579), seat of Mecklenburg co., S N.C.; inc. 1768. The largest city in the state and the commercial and industrial leader ...