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Barbon, Nicholas, c.1640-98 (B3)<br />Born in London and then a student of medicine in Leyden, and Utrecht. He established the first fire insurance office in London 1681, was elected Member of Parliament for Bramber in 1690 and 1695; founder of a LAND BANK in 1698. In A Discourse of Trade (1690), his principal work, he discusses trade, value and money and distances himself from MERCANTILISTs who considered the TRADE BALANCE to be
overvalued currency (F3)<br />A currency with a value above its sustainable market rate.
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collectivized investment (G1) A MUfUAL FUND or UNIT TRUST.
<strong>Header</strong> – A term that comes at the beginning of the school' s scheduled academic year (SAY).
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