Copyright © Philip M. Parker, INSEAD. Terms of Use.
| Domain | Definition |
Finance | A corporate structure that combines elements of a mutual savings association, which is structured so that its depositors, and in some cases its borrowers, have the right to elect the board of directors, with elements of a stock savings and loan, which is owned by its shareholders. In a mutual holding company setup, association depositors have the right to elect directors of the mutual holding company, which in turn holds a majority of the voting stock of its subsidiary savings association. The balance of the thrift's stock can be sold to outside investors to raise capital. Mutual holding companies were first authorized by the Competitive Equality Banking Act of 1987 (CEBA). Those provisions were clarified by Congress in the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA). (references) |
Source: compiled by the editor from various references; see credits. | |
Hexadecimal (or equivalents, 770AD-1900s) (references)4D 55 54 55 41 4C 48 4F 4C 44 49 4E 47 43 4F 4D 50 41 4E 59 |
| Leonardo da Vinci (1452-1519; backwards) (references)
|
Binary Code (1918-1938, probably earlier) (references)01001101 01010101 01010100 01010101 01000001 01001100 00100000 01001000 01001111 01001100 01000100 01001001 01001110 01000111 00100000 01000011 01001111 01001101 01010000 01000001 01001110 01011001 |
HTML Code (1990) (references)M U T U A L   H O L D I N G   C O M P A N Y |
ISO 10646 (1991-1993) (references)004D 0055 0054 0055 0041 004C 0048 004F 004C 0044 0049 004E 0047 0043 004F 004D 0050 0041 004E 0059 |
Encryption (beginner's substitution cypher): (references)475554553546242494638434841237494750354859 |
| 1. Orthography 2. Bibliography |
Copyright © Philip M. Parker, INSEAD. Terms of Use.
