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Madoff, Bernard Lawrence

(Encyclopedia)Madoff, Bernard Lawrence māˈdôf [key], 1938–2021, American stockbroker, investment manager, and ...

Lille

(Encyclopedia)Lille lēl [key], city (1990 pop. 178,301), capital of Nord dept., N France, near the Belgian border. With its central position in NW Europe, Lille became a great commercial, cultural, and manufacturi...

American International Group

(Encyclopedia)American International Group (AIG), American multinational insurance corporation whose potential bankruptcy in 2008 led to the largest federal bailout of a private company. AIG was founded as American...

barter

(Encyclopedia)barter: see exchange.

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 ...

book lung

(Encyclopedia)book lung, terrestrial respiratory organ characteristic of arachnids such as scorpions and primitive spiders. Each book lung consists of hollow flat plates. Air bathes the outer surface of the plates ...

demonetization

(Encyclopedia)demonetization dēˌmŏnˌətəzāˈshən [key], governmental withdrawal of the monetary quality from particular coinage or precious metal. By demonetization former money is no longer legal tender, al...

Johannesburg

(Encyclopedia)Johannesburg jōhănˈĭsbörgˌ, yōhäˈnəsbörkhˌ [key], city, now part and seat of City of Johannesburg metropolitan municipality, Gauteng prov., NE South Africa, on the southern slopes of the W...

central bank

(Encyclopedia)central bank, financial institution designed to regulate and control the money supply of a nation, with the goal of fostering economic growth without inflation. Although central banking systems have v...

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