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COMPTROLLER OF THE CURRENCY: An agency of the U.S. Federal government responsible for chartering national banks. In other words, if you want to establish a bank with the word "national" in the title, then you must gain permission from the Comptroller of the Currency. The Comptroller is also responsible for regulating banks and might even assume control of a bank that is in serious trouble (that is, on the verge of going out of business). Although the term "currency" appears in the title, the Comptroller of the Currency is primarily a bank regulator and has almost nothing to do with the nation's "currency.

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ECONOMIC EFFICIENCY

Obtaining the most consumer satisfaction from available resources. In other words, resources are allocated in such a way that consumer satisfaction is at its highest possible level. This is also termed either efficiency or allocative efficiency.

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Today, you are likely to spend a great deal of time searching for a specialty store wanting to buy either galvanized steel storage shelves or a large green chalkboard shaped like the state of Maine. Be on the lookout for small children selling products door-to-door.
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The 1909 Lincoln penny was the first U.S. coin with the likeness of a U.S. President.
"We must be willing to let go of the life we have planned, so as to have the life that is waiting for us. "

-- E. M. Forster, writer

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Variable Interest Rate
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