Muhammad Yunus

Dictionary Says

Definition of 'Muhammad Yunus'


A professor of economics that won a Nobel Peace Prize in 2006 for his efforts in developing social and economic improvements through microcredit operations. Most notably, Yunus founded the Grameen Bank, which is known for loaning billions of dollars to the less fortunate all over the world.

Investopedia Says

Investopedia explains 'Muhammad Yunus'


Born in June 28, 1940, in Bangladesh, Yunus completed his BA and MA at Bangladesh's Dhaka University. He would later complete his PhD in economics at the United States' Vanderbilt University in 1969. Yunus would return to Bangladesh to become the head of Chittagong University's Economics department in the early 1970s. But it wouldn't be until 1976, when his academic work in microcredit would lead him towards the beginnings of forming the Grameen bank and his future Nobel Prize.

comments powered by Disqus
Hot Definitions
  1. Chicago Mercantile Exchange - CME

    The world's second-largest exchange for futures and options on futures and the largest in the U.S. Trading involves mostly futures on interest rates, currency, equities, stock indices and agricultural products.
  2. Private Equity

    Equity capital that is not quoted on a public exchange. Private equity consists of investors and funds that make investments directly into private companies or conduct buyouts of public companies that result in a delisting of public equity.
  3. Valuation

    The process of determining the current worth of an asset or company. There are many techniques that can be used to determine value, some are subjective and others are objective.
  4. Valuation

    The process of determining the current worth of an asset or company. There are many techniques that can be used to determine value, some are subjective and others are objective.
  5. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
  6. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
Trading Center