Search results
Results from the WOW.Com Content Network
Zero-rupee notes, which are made to resemble the old 50-rupee banknote of India, are the creation of a non-governmental organization known as 5th Pillar which has, since their inception in 2007, distributed over 2.5 million notes as of August 2014. The notes remain in current use and thousands of notes are distributed every month.
the long scale — designates a system of numeric names formerly used in British English, but now obsolete, in which a billion is used for a million million (and similarly, with trillion, quadrillion etc., the prefix denoting the power of a million); and a thousand million is sometimes called a milliard. This system is still used in several ...
Commonly used quantities include lakh (one hundred thousand) and crore (ten million) – written as 1,00,000 and 1,00,00,000 in some locales. [1] For example: 150,000 rupees is "1.5 lakh rupees" which can be written as "1,50,000 rupees", and 30,000,000 (thirty million) rupees is referred to as "3 crore rupees" which is can be written as "3,00 ...
Later, French arithmeticians changed the words' meanings, adopting the short scale definition whereby three zeros rather than six were added at each step, so a billion came to denote a thousand million (10 9), a trillion became a million million (10 12), and so on. This new convention was adopted in the United States in the 19th century, but ...
1 million old lira: 2005 "new" is an official designation and was dropped in 2009. New Taiwan dollar = 40 000 old dollars: 1949 "new" is an official designation and is still used in official documents today. Argentine austral = 1 000 Peso argentino: 1985 completely new name Yugoslav 1993 dinar = 1 million 1992 dinara 1993 no official ...
For powers of ten less than 9 (one, ten, hundred, thousand and million) the short and long scales are identical, but for larger powers of ten, the two systems differ in confusing ways. For identical names, the long scale grows by multiples of one million (10 6), whereas the short scale grows by multiples of one thousand (10 3).
Electronic funds transfer (EFT) is the transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems. The funds transfer process generally consists of a series of electronic messages sent between financial institutions directing each to make the debit ...
WorldRemit focuses on cross border remittance money transfers from over 50 countries to over 130 countries around the world. [8] For those receiving money, it offers pay out options including bank deposit, mobile money, mobile airtime top-up and cash pick-up as well as cash delivery. The firm has a network of more than 5,000 corridors.