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The applicant is the person or company who has requested the letter of credit to be issued; this will normally be the buyer. The beneficiary is the person or company who will be paid under the letter of credit; this will normally be the seller (UCP600 Article 2 defines the beneficiary as "the party in whose favour a credit is issued").
Inca road systems – the Inca built one of the most extensive road systems in the ancient world. The Incas built upon the roads, which were originally constructed by previous Andean civilizations such as the Chimu, Nazca, Wari, Moche, and others. The Inca also further refined and expanded upon the earlier innovations and systems laid in place ...
The Inca referred to their empire as Tawantinsuyu, [13] "the suyu of four [parts]". In Quechua, tawa is four and -ntin is a suffix naming a group, so that a tawantin is a quartet, a group of four things taken together, in this case the four suyu ("regions" or "provinces") whose corners met at the capital.
The word Quipu is derived from a Quechua word meaning 'knot' or 'to knot'. [16] The terms quipu and khipu are simply spelling variations on the same word.Quipu is the traditional spelling based on the Spanish orthography, while khipu reflects the recent Quechuan and Aymaran spelling shift.
The Inca state was known as the Kingdom of Cuzco before 1438. Over the course of the Inca Empire, the Inca used conquest and peaceful assimilation to incorporate the territory of modern-day Peru, followed by a large portion of western South America, into their empire, centered on the Andean mountain range.
The name chasqui is derived from the Quechua word chaski (plural chaskikuna) meaning "reception, acceptance, consent" and historically "postilion". [3]: chaski According to Inca Garcilaso de la Vega, the Spanish−Inca chronicler and writer of the 16th Century, the word chasqui means "the one who exchanges".
In 1535 King Charles awarded Diego de Almagro, Francisco Pizarro's partner, the governorship of the southern portion of the Inca Empire. When de Almagro made plans to explore and conquer the southern part of the Inca empire (now Chile), de Soto applied to be his second-in-command, but de Almagro turned him down. De Soto packed up his treasure ...
The Guardhouse is a three-sided building, with one of its long sides opening onto the Terrace of the Ceremonial Rock. The three-sided style of Inca architecture is known as the wayrona style. [105] In 2005 and 2009, the University of Arkansas made detailed laser scans of the entire site and of the ruins at the top of the adjacent Huayna Picchu ...