Keywords R-S Flashcards

1
Q

Rediscount rates

A

The interest rates at which banks borrow money from the Federal Reserve Banks.

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2
Q

Reparations

A

War damages to be paid by a defeated country.

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3
Q

Secede

A

To withdraw from an organisation.

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4
Q

Secretary of State

A

US official responsible for the administration of foreign policy.

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5
Q

Sectional

A

Political, economic and social differences between the North and South.

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6
Q

Separatism

A

Keeping races apart. Two separate countries for black and white Americans.

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7
Q

Sharecroppers

A

These were tenant farmers. A landlord allows a tenant to use an area of land in return for a portion of the crop produced on the land.

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8
Q

Sino-US

A

Relations between America and China

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9
Q

Speculators

A

Risk-taking investors with expertise in the market(s) in which they are trading.

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10
Q

Spoils system

A

The practice whereby a political party, after winning an election, gives government jobs to its voters as a reward for working toward victory , and as an incentive to keep working for the party - as opposed to a system of awarding offices on the basis of some measure of merit independent of political activity.

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11
Q

Stocks and shares

A

Certificates of ownership in a company.

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