Examlex
In 1989, Jeffrey Wigand was a scientist working for tobacco company Brown and Williamson. When he discovered that the company was adding carcinogenic substances to increase the impact of its tobacco, he was fired from his job. In 1996, he went on the TV news show 60 Minutes to reveal this information to the public. His allegations resulted in many state lawsuits that ultimately won $368 billion in settlements against the company, along with greater scrutiny of the tobacco industry. This scenario reflects Wigand's
Create Money
The process by which central banks or monetary authorities increase the money supply.
Deposit Account
A deposit account is a bank account that allows the holder to deposit and withdraw money, often earning interest, including savings accounts, checking accounts, and other transaction accounts.
Liabilities
Financial obligations or debts that a company or individual owes to others, which must be paid back in the future.
Government Securities
Financial instruments issued by the government to borrow money from the public.
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