Financier in the context of "Wainwright Building"

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⭐ Core Definition: Financier

An investor is a person or entity that allocates financial capital with the expectation of a future return (profit) or to gain an advantage (interest). Through this allocated capital the investor usually purchases some species of property. Types of investments include equity, debt, securities, real estate, infrastructure, currency, commodity, token, derivatives such as put and call options, futures, forwards, etc. This definition makes no distinction between the investors in the primary and secondary markets. That is, someone who provides a business with capital and someone who buys a stock are both investors. An investor who owns stock is a shareholder.

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👉 Financier in the context of Wainwright Building

The Wainwright Building (also known as the Wainwright State Office Building) is a 10-story, 41 m (135 ft) terra cotta office building at 709 Chestnut Street in downtown St. Louis, Missouri. The Wainwright Building is considered to be one of the first aesthetically fully expressed early skyscrapers. It was designed by Dankmar Adler and Louis Sullivan and built between 1890 and 1891. It was named for local brewer, building contractor, and financier Ellis Wainwright.

The building, listed as a landmark both locally and nationally, is described as "a highly influential prototype of the modern office building" by the National Register of Historic Places. Architect Frank Lloyd Wright called the Wainwright Building "the very first human expression of a tall steel office-building as Architecture."

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Financier in the context of Gresham's law

In economics, Gresham's law is a monetary principle stating that "bad money drives out good". For example, if there are two coins in circulation containing metal of different value, which are accepted by law as having similar face value, the more valuable coin based on the inherent value of its component metals will gradually disappear from circulation.

The law was named in 1857 by economist Henry Dunning Macleod after Sir Thomas Gresham (1519–1579), an English financier during the Tudor dynasty. Gresham had urged Queen Elizabeth to restore confidence in the then-debased English currency.

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Financier in the context of Horatio Bottomley

Horatio William Bottomley (23 March 1860 – 26 May 1933) was an English financier, journalist, editor, newspaper proprietor, swindler, and Member of Parliament. He is best known for his editorship of the popular magazine John Bull, and for his nationalistic oratory during the First World War. His career came to a sudden end when, in 1922, he was convicted of fraud and sentenced to seven years' imprisonment.

Bottomley spent five years in an orphanage before beginning his career, aged 14, as an errand boy. Subsequent experience as a solicitor's clerk gave him a useful knowledge of English law, which he later put to effective use in his court appearances. After working as a shorthand writer and court reporter, at 24 he founded his own publishing company, which launched numerous magazines and papers, including, in 1888, the Financial Times. He overreached with an ambitious public flotation of his company, which led to his first arraignment on fraud charges in 1893. Despite evidence of malpractice, Bottomley, who defended himself, was acquitted. He subsequently amassed a fortune as a promoter of shares in gold-mining companies.

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Financier in the context of Thomas Gresham

Sir Thomas Gresham the Elder (/ˈɡrɛʃəm/; c. 1519 – 21 November 1579) was an English merchant and financier who acted on behalf of King Edward VI (1547–1553) and Edward's half-sisters, queens Mary I (1553–1558) and Elizabeth I (1558–1603). In 1565 Gresham founded the Royal Exchange in the City of London.

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Financier in the context of John Law (economist)

John Law (pronounced [lɑs] in French in the traditional approximation of Laws, the colloquial Scottish form of the name; 21 April 1671 – 21 March 1729) was a Scottish-French economist and financier. He rose to power in France where he created a novel financial scheme for French public finances known as Law's System (French: le système de Law) with two institutions at its core, John Law's Bank and John Law's Company (also known as the Mississippi company), ending in the devastating boom and bust "Mississippi Bubble" of 1720.

Born in Scotland, Law was an accomplished gambler with an interest in the rules of probability. After killing a man in a duel and being sentenced to death, he fled to mainland Europe. He read economics and made the acquaintance of Philippe II, Duke of Orléans, who became regent for the juvenile Louis XV in 1715. In 1716 Philippe approved Law's plan to create a private bank which would take gold deposits in return for bank notes, loaning out the gold. It was structured as a joint-stock company and was bought by the French government in 1718, becoming the Banque royale. In 1717 Law founded another joint-stock company, the Mississippi company, whose purpose was the economic exploitation of Louisiana as well as other French colonies. Law became Controller General of Finances in 1720 and was the richest man in Europe. He had to leave France that same year, as a stock boom turned into a bust. He then lived in various European cities and died in Venice, impoverished.

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Financier in the context of Corning (city), New York

Corning is a city in Steuben County, New York, United States, on the Chemung River. The population was 10,551 at the 2020 census. It is named for Erastus Corning, an Albany financier and railroad executive who was an investor in the company that developed the community. The city is best known as the headquarters of Fortune 500 company Corning Incorporated, formerly Corning Glass Works, a manufacturer of glass and ceramic products for industrial, scientific and technical uses. Corning is roughly equidistant from New York City and Toronto, being about 220 miles (350 km) from both.

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Financier in the context of Isaac Abarbanel

Isaac ben Judah Abarbanel (Hebrew: יצחק בן יהודה אברבנאל;‎ 1437–1508), commonly referred to as Abarbanel (Hebrew: אַבַּרבְּנְאֵל; also spelled Abravanel, Avravanel or Abrabanel), was a Portuguese Jewish statesman, philosopher, Bible commentator, and financier.

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Financier in the context of John Jay Knox

John Jay Knox Jr. (March 19, 1828 – February 9, 1892) was an American financier and government official. He is best remembered as a primary author of the Coinage Act of 1873, which discontinued the use of the silver dollar.

Knox was Comptroller of the Currency from 1872 to 1884. An advocate of uniform currency for the national banks of the country, his portrait was featured on the obverse of the $100 United States national bank notes of the Series of 1902.

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Financier in the context of George Peabody

George Peabody (/ˈpbɒdi/; February 18, 1795 – November 4, 1869) was an American financier and philanthropist. He is often considered the father of modern philanthropy.

Born into a poor family in Massachusetts, Peabody went into business in dry goods and later into banking. In 1837 he moved to London (which was then the capital of world finance) where he became the most noted American banker and helped to establish the young country's international credit. Having no son of his own to whom he could pass on his business, Peabody took on Junius Spencer Morgan as a partner in 1854 and their joint business would go on to become the global financial services firm J.P. Morgan & Co. after Peabody's 1864 retirement.

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