Bernanke, Ben, and Harold James, The Gold Standard, Deflation, and Financial Crisis in the Great Depression: An International Comparison, in R. Glenn Hubbard, Financial Markets and Financial Crises, Chicago: University of Chicago Press for NBER, 1991.
Definition of PHENOLIC RESIN. : any of various usually thermosetting resins of high mechanical strength and electrical resistance that are made by condensation of a phenol with an aldehyde (as formaldehyde), are characterized generally by resistance to water, acids, and organic solvents, and are used especially in molded, cast, or laminated ....efinition of PHENOLIC RESIN. : any of various usually thermosetting resins of high mechanical strength and electrical resistance that are made by condensation of a phenol with an aldehyde (as formaldehyde), are characterized generally by resistance to water, acids, and organic solvents, and are used especially in molded, cast, or laminated ....
Phenol is used primarily in the production of phenolic resins and in the manufacture of nylon and other synthetic fibers. It is also used in slimicides (chemicals that kill bacteria and fungi in slimes), as a disinfectant and antiseptic, and in medicinal preparations such as mouthwash and sore throat lozenges.