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FEDERAL HOME LOAN BANK: This was originally the federal government entity responsible for chartering and regulating savings and loan associations. However, it has evolved into a group of 12 privately owned, government regulated banks that promote community develop and home ownership by providing funds to lending agencies (that is, banks) that are used for home mortgage loans.
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VALUE The worth members of society place on a good, service, resource, commodity, or other asset, which is based on the direct or indirect satisfaction of wants and needs generated. In an economy that uses markets to exchange commodities, value is commonly indicated by price and measured by the economy's monetary unit.
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The 22.6% decline in stock prices on October 19, 1987 was larger than the infamous 12.8% decline on October 29, 1929.
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"Executives who get there and stay suggest solutions when they present the problems. " -- Malcolm Forbes, business executive
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WPO Weakly Pareto Optimal
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