(Encyclopedia) Panama Papers, popular name for the some 11.5 million internal documents belonging to the Panamanian-based law firm Mossack Fonseca that revealed information about secret offshore…
(Encyclopedia) DeLay, Tom (Thomas Dale DeLay), 1947–, American politician, b. Laredo, Tex., grad. Univ. of Houston (B.S., 1970). A conservative Republican businessman, he entered politics (1979) as a…
(Encyclopedia) bond, in finance, usually a formal certificate of indebtedness issued in writing by governments or business corporations in return for loans. It bears interest and promises to pay a…
(Encyclopedia) Washington Monument, obelisk-shaped tower, 555 ft 51&fslsh;9 in. (169.3 m) high, located on a 106-acre (43-hectare) site at the west end of the Mall, Washington, D.C.; dedicated…
(Encyclopedia) Ponzi, Charles or Carlo, 1882–1949), Italian-American swindler. He came to the United States from his native Italy in 1903, then went in 1907 to Canada, where he was convicted of check…
(Encyclopedia) legacy, bequest by will of personal property, similar in many respects to a gift causa mortis. A legacy ordinarily is distinguished from a devise, which transfers real property by will…
(Encyclopedia) negotiable instrument, bill of exchange, check, promissory note, or other written contract for payment that may serve as a substitute for money. It is simple in form and easy to…
(Encyclopedia) Sherman Silver Purchase Act, 1890, passed by the U.S. Congress to supplant the Bland-Allison Act of 1878. It not only required the U.S. government to purchase nearly twice as much…
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