History, 26.10.2020 17:20 sar70

1 . squatter a person who settles on land without title or right. 2 . speculation a sharp sudden rise in prices resulting in a too great expansion in paper money or bank credit.

3 . inflation buying or selling when there is a large risk with the hopes of making a profit from future price changes.

4 . spoils system to make void.

5 . wildcat bank prior to 1863-64, a bank operation with insufficient capital to redeem its circulating notes.

6 . nullify the system or practice in which public offices were awarded to supporters of the winning party.

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