Search results
Results From The WOW.Com Content Network
Banking. An automated clearing house ( ACH) is a computer-based electronic network for processing transactions, [1] usually domestic low value payments, between participating financial institutions. It may support both credit transfers and direct debits. [2] [3] The ACH system is designed to process batches of payments containing numerous ...
The history of banking began with the first prototype banks, that is, the merchants of the world, who gave grain loans to farmers and traders who carried goods between cities. This was around 2000 BC in Assyria, India and Sumer. Later, in ancient Greece and during the Roman Empire, lenders based in temples gave loans, while accepting deposits ...
The Louisiana Purchase ( French: Vente de la Louisiane, lit. 'Sale of Louisiana') was the acquisition of the territory of Louisiana by the United States from the French First Republic in 1803. This consisted of most of the land in the Mississippi River's drainage basin west of the river. [ 1] In return for fifteen million dollars, [ a] or ...
Google Translate is a web-based free-to-use translation service developed by Google in April 2006. [ 11] It translates multiple forms of texts and media such as words, phrases and webpages. Originally, Google Translate was released as a statistical machine translation (SMT) service. [ 11] The input text had to be translated into English first ...
v. t. e. A clearing house is a financial institution formed to facilitate the exchange (i.e., clearance) of payments, securities, or derivatives transactions. The clearing house stands between two clearing firms (also known as member firms or participants). Its purpose is to reduce the risk of a member firm failing to honor its trade settlement ...
Alcabala. The alcabala or alcavala ( Spanish pronunciation: [alkaˈβala]) was a sales tax of up to fourteen percent, [ 1][ 2] the most important royal tax imposed by Spain in the early modern period. [ 3][ 4][ 5] It applied in Spain and the Spanish dominions. [ 4] The Duke of Alba imposed a five percent alcabala in the Netherlands, where it ...
The Manila galleon (Spanish: Galeón de Manila; Filipino: Galyon ng Maynila), originally known as La Nao de China, [1] and Galeón de Acapulco, [2] refers to the Spanish trading ships that linked the Spanish Crown's Viceroyalty of New Spain, based in Mexico City, with its Asian territories, collectively known as the Spanish East Indies, across the Pacific Ocean.
Machine translation (MT) is a process whereby a computer program analyzes a source text and, in principle, produces a target text without human intervention. In reality, however, machine translation typically does involve human intervention, in the form of pre-editing and post-editing. [ 97]