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Reconstruction Finance Corporation - translation to russian
![A young shuttle driver at the [[Allis-Chalmers]] [[Supercharger]] plant in Milwaukee (October 1942)](https://commons.wikimedia.org/wiki/Special:FilePath/Jewel Halliday (Oct 1942).jpg?width=200 "A young shuttle driver at the [[Allis-Chalmers]] [[Supercharger]] plant in Milwaukee (October 1942)")
![Bond]] issued by The Baltimore and Ohio Railroad. Bonds are a form of borrowing used by corporations to finance their operations.](https://commons.wikimedia.org/wiki/Special:FilePath/1925.B&O.Railroad.Stock.Louis.Brandeis.jpg?width=200 "Bond]] issued by The Baltimore and Ohio Railroad. Bonds are a form of borrowing used by corporations to finance their operations.")
![Congress]]](https://commons.wikimedia.org/wiki/Special:FilePath/20071203-Bush speech on budget Rose Garden.jpg?width=200 "Congress]]")
![Oil traders]], Houston, 2009](https://commons.wikimedia.org/wiki/Special:FilePath/A1 Houston Office Oil Traders on Monday.jpg?width=200 "Oil traders]], Houston, 2009")
![Corn Futures]] market, 1993](https://commons.wikimedia.org/wiki/Special:FilePath/Chicago bot.jpg?width=200 "Corn Futures]] market, 1993")
![Crowds gathering outside the New York Stock Exchange after the [[Wall Street Crash of 1929]]](https://commons.wikimedia.org/wiki/Special:FilePath/Crowds gathering outside New York Stock Exchange (4).jpg?width=200 "Crowds gathering outside the New York Stock Exchange after the [[Wall Street Crash of 1929]]")
![[[Dōjima Rice Exchange]], the world's first [[futures exchange]], established in [[Osaka]] in 1697](https://commons.wikimedia.org/wiki/Special:FilePath/Dojima-Rice-Exchange-Osaka-by-Yoshimitsu-Sasaki.png?width=200 "[[Dōjima Rice Exchange]], the world's first [[futures exchange]], established in [[Osaka]] in 1697")
![traders]] floor c 1960, before the introduction of electronic readouts and computer screens](https://commons.wikimedia.org/wiki/Special:FilePath/NY stock exchange traders floor LC-U9-10548-6.jpg?width=200 "traders]] floor c 1960, before the introduction of electronic readouts and computer screens")
![Customers queuing outside a [[Northern Rock]] branch in the [[United Kingdom]] to withdraw their savings during the [[financial crisis of 2007–2008]]](https://commons.wikimedia.org/wiki/Special:FilePath/Northern Rock Queue.jpg?width=200 "Customers queuing outside a [[Northern Rock]] branch in the [[United Kingdom]] to withdraw their savings during the [[financial crisis of 2007–2008]]")
![local]] and [[stochastic volatility]] models to incorporate the [[volatility surface]].](https://commons.wikimedia.org/wiki/Special:FilePath/OAS valuation tree (es).png?width=200 "local]] and [[stochastic volatility]] models to incorporate the [[volatility surface]].")
![[[Share certificate]] dated 1913 issued by the Radium Hill Company](https://commons.wikimedia.org/wiki/Special:FilePath/Radium Hill share certificate.jpg?width=200 "[[Share certificate]] dated 1913 issued by the Radium Hill Company")
![[[Share price]]s listed in a Korean Newspaper](https://commons.wikimedia.org/wiki/Special:FilePath/Stock Price Listing Numbers on a Korean Newspaper.jpg?width=200 "[[Share price]]s listed in a Korean Newspaper")
![financial advisor]] counsels the client on an appropriate [[investment strategy]]](https://commons.wikimedia.org/wiki/Special:FilePath/Wealth Management Consultation.jpg?width=200 "financial advisor]] counsels the client on an appropriate [[investment strategy]]")
2) pl финансы; доходы; средства
- raise the finances
- run the country's finance
- finances of state
- big finance
- committed finances
- compensatory finance
- corporate finances
- deficit finances
- farm finances
- high finance
- intergovernmental finances
- public finances
- sound finances
Definition
Wikipedia
The Reconstruction Finance Corporation was a government corporation administered by the United States Federal Government between 1932 and 1957 that provided financial support to state and local governments and made loans to banks, railroads, mortgage associations, and other businesses. Its purpose was to boost the country's confidence and help banks resume daily functions after the start of the Great Depression. The RFC became more prominent under the New Deal and continued to operate through World War II. It was disbanded in 1957, when the US Federal Government concluded that it no longer needed to stimulate lending.
The RFC was an independent agency of the US Federal Government, and fully owned and operated by the government. The idea was suggested by Eugene Meyer of the Federal Reserve Board of Governors, recommended by President Herbert Hoover, and established by Congress in 1932. It was modeled after the US War Finance Corporation of World War I. In total, it gave US$2 billion in aid to state and local governments and made many loans, nearly all of which were repaid.
The agency played a major role in recapitalizing banks in the 1930s and it was effective in reducing bank failures and stimulating bank lending. It also helped to set up relief programs that were taken over by the New Deal in 1933.
