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corporation
corporation in law, organization enjoying legal personality for the purpose of carrying on certain activities. Most corporations are businesses for profit; they are usually organized by three or more subscribers who raise capital for the corporate activities by selling shares of stock , which repr...
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Amana Church Society
Amana Church Society , corporate name of a group of seven small villages in E central Iowa, clustered around the Iowa River NW of Iowa City; settled 1855 by members of the Ebenezer Society. The society originated in one of the Pietist religious groups of 17th-century Germany. Led by Christian Metz (...
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multinational corporation
multinational corporation business enterprise with manufacturing, sales, or service subsidiaries in one or more foreign countries, also known as a transnational or international corporation. These corporations originated early in the 20th cent. and proliferated after World War II. Typically, a mult...
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Rand Corporation
Rand Corporation research institution in Santa Monica, Calif.; founded 1948 and supported by federal, state, and local governments, as well as by foundations and corporations. Its principal fields of research are national security and public welfare. Research in national security affairs includes s...
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Home Owners' Loan Corporation
Home Owners' Loan Corporation (HOLC), former U.S. government agency established in 1933 to help stabilize real estate that had depreciated during the depression and to refinance the urban mortgage debt. It granted long-term mortgage loans to some 1 million homeowners facing loss of their property. ...
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Business Roundtable
Business Roundtable (BRT), an association consisting of the chief executive officers of major U.S. corporations that was founded in 1972 through the merger of the three preexisting business organizations. The BRT was established to give large corporations a stronger voice in lobbying U.S. governmen...
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greenmail
greenmail payment, by a corporation that is a takeover target, of a premium price for the shares of its stock that have been accumulated by the potential buyer. In exchange, the potential buyer stops the takeover bid.
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stock
stock in finance, instrument certifying to shares in the ownership of a corporation. Bonds are similar evidences of shares in a loan to a corporation. Stock yields no dividends until claims of bondholders have been met. Preferred stock is entitled to dividends of a specified percentage per annum be...
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chemical industry
chemical industry the business of using chemical reactions to turn raw materials, such as coal, oil, and salt, into a variety of products. During the 19th and 20th cent. technological advances in the chemical industry dramatically altered the world's economy. Chemical processes have created pestici...
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merger
merger in corporate business, fusion of two or more corporations by the transfer of all property to a single corporation. The remaining corporation continues in existence, having absorbed the other(s). Mergers may be of various types: A vertical merger integrates different types of businesses tha...
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