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Cambon, Pierre Joseph

(Encyclopedia) Cambon, Pierre JosephCambon, Pierre Josephpyĕr zhôzĕfˈ [key], b. 1754 or 1756, d. 1820, French financier and revolutionary. A merchant of Montpellier, he became a member of the…

credit

(Encyclopedia) credit, granting of goods, services, or money in return for a promise of future payment. Most credit is accompanied by an interest charge, which usually makes the future payment…

Dodd, William

(Encyclopedia) Dodd, William, 1729–77, English author. At one time king's chaplain, he ran heavily into debt, forged a bond, and was sentenced to death. Dr. Johnson led a movement to obtain clemency…

Lusinchi, Jaime Ramón

(Encyclopedia) Lusinchi, Jaime RamónLusinchi, Jaime Ramónhīˈmā rämōnˈ l&oomacr;sĭnˈchē [key], 1924–2014, Venezuelan political leader. Lusinchi joined the Democratic Action party (AD) upon its…

peonage

(Encyclopedia) peonagepeonagepēˈənĭj [key], system of involuntary servitude based on the indebtedness of the laborer (the peon) to his creditor. It was prevalent in Spanish America, especially in…

promissory note

(Encyclopedia) promissory note, unconditional written promise to pay a certain sum of money at a definite time to bearer or to a specified person on his order. Promissory notes are generally used as…

sinking fund

(Encyclopedia) sinking fund, sum set apart periodically from the income of a government or a business and allowed to accumulate in order ultimately to pay off a debt. A preferred investment for a…

Fould, Achille

(Encyclopedia) Fould, AchilleFould, Achilleäshēlˈ f&oomacr;ld [key], 1800–1867, French financier and politician. Fould gave financial backing to Louis Napoleon (later Emperor Napoleon III), whom…

Fergusson, Robert

(Encyclopedia) Fergusson, Robert, 1750–74, Scottish poet, b. Edinburgh. He was a precursor of Robert Burns, who proclaimed his debt to Fergusson's Poems (1773). After careers in the clergy and in…