Examlex
Bob Montgomery, CEO of PowerSki, used a computer-aided design (CAD) software package to operate the industrial robots used in the production of the jetboards.
Elastic Currency
A currency system that can expand or contract in supply in response to economic needs, often managed by a central banking authority.
Nation's Banks
Banks that operate within a specific country, serving its economy and citizens.
Federal Reserve
The central banking system of the United States, responsible for regulating the country's money supply and interest rates.
Lender of Last Resort
An institution, usually a country's central bank, that offers loans to banks or other eligible institutions that are experiencing financial difficulty or are considered highly risky or near collapse.
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