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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…Jenkinson, Robert Banks
(Encyclopedia) Jenkinson, Robert Banks: see Liverpool, Robert Banks Jenkinson, 2d earl of.Bank for International Settlements
(Encyclopedia) Bank for International Settlements (BIS), international financial institution est. (1930) in Basel, Switzerland, by bankers and diplomats from Europe, the United States, and Japan. It…discount
(Encyclopedia) discount, in banking and investment, fee for lending money, which the banker deducts from the loan when it is given. Thus, with a $1,000 loan at a 6% discount, the borrower receives $…Minch
(Encyclopedia) MinchMinchmĭnch [key] or North Minch, strait, 20 to 45 mi (32–72 km) wide, separating the N Outer Hebrides from the mainland of Scotland. Little Minch, to the southwest, 14 to 20 mi (…banking
(Encyclopedia) banking, primarily the business of dealing in money and instruments of credit. Banks were traditionally differentiated from other financial institutions by their principal functions of…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…cortex
(Encyclopedia) cortex, in botany, term generally applied to the outer soft tissues of the leaves, stems, and roots of plants. Cortical cells of the leaves and outer layers of nonwoody stems contain…bark, in botany
(Encyclopedia) bark, outer covering of the stem of woody plants, composed of waterproof cork cells protecting a layer of food-conducting tissue—the phloem or inner bark (also called bast). As the…Independent Treasury System
(Encyclopedia) Independent Treasury System, in U.S. history, system for the retaining of government funds in the Treasury and its subtreasuries independently of the national banking and financial…Trending
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