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Future Shock Future Shock
Future Shock BIBLIOGRAPHY American author Alvin Toffler first used the term future shock in 1965 to refer to the psychological disorientation and physical stress experienced by individuals and societies when radical changes occur within short periods of time. In Future Shock, the 1970 book... Read more
Externalities (Economics) Externalities (Economics)
ECONOMIC BENEFITS OF EDUCATION INVESTMENT, MEASUREMENT The concept of the rate of return on investment in education is very similar to that for any other investment. It is a summary of the costs and benefits of the investment incurred at different points in time, and it is expressed in an annual... Read more
dividend dividend
dividend that part of the net earnings of a corporation that is distributed to its stockholders. Dividend disbursements are based on a percentage of the par value of the stock or are a certain sum per share of no-par-value stock. They become payable only when approved by the board of directors and... Read more
Savings Savings
SAVINGS Savings, from the perspective of the individual, comprises money set aside for future use. Savings, from the perspective of the economy, includes all of the money set aside by all individuals, employers, governments, and other groups. Savings are important to the individual because they... Read more
Weather Forecasting Weather Forecasting
Weather forecasting Weather forecasting is the attempt by meteorologists to predict the state of the atmosphere at some future time and the weather conditions that may be expected. Weather forecasting is the single most important practical reason for the existence of meteorology as a science.... Read more
Recognizance Recognizance
RECOGNIZANCE A recorded obligation, entered into before a tribunal, in which an individual pledges to perform a specific act or to subscribe to a certain course of conduct. For example, an individual who owes money might enter into a recognizance whereby she agrees to satisfy the debt. In... Read more
Chicago Board of Trade Chicago Board of Trade
Chicago Board of Trade 141 West Jackson BoulevardChicago, Illinois 60604U.S.A.Telephone: (312)435-3500Fax: (312)341-3392Web site: http://www.cbot.com Non-Profit CompanyIncorporated: 1848Employees: 800Operating Revenues: $184.7 million (1999)NAIC: 52321 Securities and Commodity... Read more
Vila Vila
Vila Vili were nymphs who frequented the forests at the bases of the Eastern Alps. According to popular belief, they could be seen traversing glades, mounted on stags, or driving from peak to peak on chariots of clouds. Old Serbian ballads tell how Marko, the great hero of ancient Serbia, was... Read more
Medicaid Medicaid
Medicaid national health insurance program in the United States for low-income persons; established in 1965 with passage of the Social Security Amendments and now run by the Centers for Medicare and Medicaid Services. The federal role in Medicaid is limited to setting standards, issuing regulations... Read more
bond bond
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 certain sum of money to the holder after a definite period, usually 10 to 20 years. Security is usually pledged... Read more

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