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Bank Of France
The Bank of France ( ) is the national central bank for France within the Eurosystem. It was the French central bank between 1800 and 1998, issuing the French franc. It does not translate its name to English, and thus calls itself ''Banque de France'' in all English communications. The Bank of France was originally established by Napoleon Bonaparte as a private-sector corporation with unique public status. It was granted note-issuance monopoly in Paris in 1803 and in the entire country in 1848. Long independent from direct political interference, it was brought under government control in 1936 and eventually nationalized in 1945. While other banks of issue were established in the French colonial empire, the Bank of France remained Metropolitan France's sole monetary authority until France's adoption of the euro as its currency. The Bank of France long held high prestige as an anchor of financial stability, especially before the monetary turmoil that followed World War I. In 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
French Government
The Government of France (, ), officially the Government of the French Republic (, ), exercises Executive (government), executive power in France. It is composed of the Prime Minister of France, prime minister, who is the head of government, as well as both senior and junior minister (government), ministers. The Council of Ministers, the main executive organ of the government, was established in the Constitution of France, Constitution in 1958. Its members meet weekly at the Élysée Palace in Paris. The meetings are presided over by the president of France, the head of state, although the officeholder is not a member of the government. The Prime Minister may designate ministers to be titled as ministers of state (), who are the most senior, followed in protocol order by ministers (), ministers delegate (), whereas junior ministers are titled as secretaries of state (). All members of the government, who are appointed by the president following the recommendation of the prim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking Supervision
Banking regulation and supervision refers to a form of financial regulation which subjects banks to certain requirements, restrictions and guidelines, enforced by a financial regulatory authority generally referred to as banking supervisor, with semantic variations across jurisdictions. By and large, banking regulation and supervision aims at ensuring that banks are safe and sound and at fostering market transparency between banks and the individuals and corporations with whom they conduct business. Its main component is prudential regulation and supervision whose aim is to ensure that banks are viable and resilient ("safe and sound") so as to reduce the likelihood and impact of bank failures that may trigger systemic risk. Prudential regulation and supervision requires banks to control risks and hold adequate capital as defined by capital requirements, liquidity requirements, the imposition of concentration risk (or large exposures) limits, and related reporting and public disc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Debt
A country's gross government debt (also called public debt or sovereign debt) is the financial liabilities of the government sector. Changes in government debt over time reflect primarily borrowing due to past government deficits. A deficit occurs when a government's expenditures exceed revenues. Government debt may be owed to domestic residents, as well as to foreign residents. If owed to foreign residents, that quantity is included in the country's external debt. In 2020, the value of government debt worldwide was $87.4 US trillion, or 99% measured as a share of gross domestic product (GDP). Government debt accounted for almost 40% of all debt (which includes corporate and household debt), the highest share since the 1960s. The rise in government debt since 2007 is largely attributable to stimulus measures during the Great Recession, and the COVID-19 recession. Governments may take on debt when the government's spending desires do not match government revenue flows. Taking d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Simon & Schuster
Simon & Schuster LLC (, ) is an American publishing house owned by Kohlberg Kravis Roberts since 2023. It was founded in New York City in 1924, by Richard L. Simon and M. Lincoln Schuster. Along with Penguin Random House, Hachette Book Group USA, Hachette, HarperCollins and Macmillan Publishers, Simon & Schuster is considered one of the Big Five (publishers), 'Big Five' English language publishers. , Simon & Schuster was the third largest publisher in the United States, publishing 2,000 titles annually under 35 different Imprint (trade name), imprints. History Early years In 1924, Richard L. Simon, Richard Simon's aunt, a crossword puzzle enthusiast, asked whether there was a book of ''New York World'' crossword puzzles, which were popular at the time. After discovering that none had been published, Simon and M. Lincoln Schuster, Max Schuster decided to launch a company to exploit the opportunity.Frederick Lewis Allen, ''Only Yesterday: An Informal History of the 1920s'', p. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
French Livre
The livre (abbreviation: Pound sign, £ or Livre tournois, ₶., French language, French for (pound)) was the currency of Kingdom of France and its predecessor states of Francia and West Francia from 781 to 1794. Several different livres existed, some concurrently. The livre was the name of coins and of units of account. History Origin and etymology The livre was established by Charlemagne as a unit of account equal to one Pound (mass), pound of silver. It was subdivided into 20 ''French sol, sous'' (also ''sols''), each sou equalling 12 ''French denier, deniers''. The word ''livre'' came from the Latin word ''Ancient Roman units of measurement#Weight, libra'', a Roman unit of weight and still the name of a Pound (mass), pound in modern French, and the denier comes from the Roman denarius. This system and the denier itself served as the model for many of Europe's currencies, including the British pound, Italian lira, Spanish dinero and the Portuguese dinheiro. This first l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Share (finance)
In finance, financial markets, a share (sometimes referred to as stock or Equity (finance), equity) is a unit of Equity (finance), equity ownership in the Stock, capital stock of a corporation. It can refer to units of mutual funds, limited partnerships, and real estate investment trusts. Share capital refers to all of the shares of an enterprise. The owner of shares in a company is a shareholder (or stockholder) of the corporation. A share expresses the ownership relationship between the company and the shareholder. The denominated value of a share is its face value, and the total of the face value of issued shares represent the Financial capital, capital of a company, which may not reflect the market value of those shares. The income received from the ownership of shares is a dividend. There are different types of shares such as equity shares, preference shares, deferred shares, redeemable shares, bonus shares, right shares, and employee stock option plan shares. Terminology ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock
Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the Share (finance), shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all Seniority (financial), senior claims such as secured and unsecured debt), or Voting interest, voting power, often dividing these up in proportion to the number of like shares each stockholder owns. Not all stock is necessarily equal, as certain classes of stock may be issued, for example, without voting rights, with enhanced voting rights, or with a certain priority to receive profits or liquidation proceeds before or after other classes of Shareholder, shareholders. Stock can be bought and sold over-the-counter (finance), privately or on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chartered Company
A chartered company is an association with investors or shareholders that is Incorporation (business), incorporated and granted rights (often Monopoly, exclusive rights) by royal charter (or similar instrument of government) for the purpose of trade, exploration, or colonization, or a combination of these. Notable chartered companies (with years of formation) Austrian British The article ''Chartered Companies'' in the Encyclopædia Britannica Eleventh Edition, ''Encyclopædia Britannica'' Eleventh Edition, by William Bartleet Duffield, contains a detailed narrative description of the development of some of the companies in England and, later, Britain. Dutch English French German Polish-Lithuanian Portuguese Russian *1799–1867 Russian-American Company Scandinavian Scottish Spanish Italian From 3 August 1889 to 15 May 1893 Filonardi was the first Governor of Italian Somaliland and was in charge of an Italian company responsible for the administra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Louis XIV
LouisXIV (Louis-Dieudonné; 5 September 16381 September 1715), also known as Louis the Great () or the Sun King (), was King of France from 1643 until his death in 1715. His verified reign of 72 years and 110 days is the List of longest-reigning monarchs, longest of any monarch in history. An emblem of the Absolutism (European history), age of absolutism in Europe, Louis XIV's legacy includes French colonial empire, French colonial expansion, the conclusion of the Thirty Years' War involving the Habsburgs, and a controlling influence on the Académie royale de peinture et de sculpture, style of fine arts and architecture in France, including the transformation of the Palace of Versailles into a center of royal power and politics. Louis XIV's pageantry and opulence helped define the French Baroque architecture, French Baroque style of art and architecture and promoted his image as absolute ruler of France in the early modern period. Louis XIV began his personal rule of France ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippe II, Duke Of Orléans
Philippe II, Duke of Orléans (Philippe Charles; 2 August 1674 – 2 December 1723), who was known as the Regent, was a French prince, soldier, and statesman who served as Regent of the Kingdom of France from 1715 to 1723. He is referred to in French as ''le Régent''. He was the son of Philippe I, Duke of Orleans, and Elisabeth Charlotte, Duchess of Orléans. Born at his father's palace at Saint-Cloud, he was known from birth by the title of Duke of Chartres. In 1692, Philippe married his first cousin Françoise Marie de Bourbon, the youngest legitimised daughter (''légitimée de France'') of King Louis XIV and Madame de Montespan. Named regent of France during the minority of Louis XV, his great-nephew and first cousin twice removed, the period of his '' de facto'' rule was known as the Regency () (1715–1723). The Regency came to an end in February 1723, and the Duke of Orléans died at Versailles in December. Parents In March 1661, Monsieur Philipp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Law (economist)
John Law (pronounced in French in the traditional approximation of ''Laws'', the colloquial Scottish form of the name; 21 April 1671 – 21 March 1729) was a Scottish-French economist and financier. He rose to power in France where he created a novel financial scheme for French public finances known as Law's System () with two institutions at its core, John Law's Bank and John Law's Company (also known as the Mississippi company), ending in the devastating boom and bust "Mississippi Bubble" of 1720. Born in Scotland, Law was an accomplished gambler with an interest in the rules of probability. After killing a man in a duel and being sentenced to death, he fled to mainland Europe. He read economics and made the acquaintance of Philippe II, Duke of Orléans, who became regent for the juvenile Louis XV of France in 1715. In 1716 Philippe approved Law's plan to create a private bank which would take gold deposits in return for bank notes, loaning out the gold. It was structured as a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kingdom Of France
The Kingdom of France is the historiographical name or umbrella term given to various political entities of France in the Middle Ages, medieval and Early modern France, early modern period. It was one of the most powerful states in Europe from the High Middle Ages to 1848 during its dissolution. It was also an early French colonial empire, colonial power, with colonies in Asia and Africa, and the largest being New France in North America geographically centred around the Great Lakes. The Kingdom of France was descended directly from the West Francia, western Frankish realm of the Carolingian Empire, which was ceded to Charles the Bald with the Treaty of Verdun (843). A branch of the Carolingian dynasty continued to rule until 987, when Hugh Capet was elected king and founded the Capetian dynasty. The territory remained known as ''Francia'' and its ruler as ('king of the Franks') well into the High Middle Ages. The first king calling himself ('King of France') was Philip II of Fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
