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Sinking fund. A sinking fund is a fund established by an economic entity by setting aside revenue over a period of time to fund a future capital expense, or repayment of a long-term debt . In North America and elsewhere where it is common for government entities and private corporations to raise funds through the issue of bonds, the term is ...
History of debt relief. Debt relief, or debt forgiveness, has been practiced in many societies since antiquity. Periodic debt remission was institutionalised in the Ancient Near East and contributed to the stability of its societies. In ancient Greece and Rome the laws were more creditor-friendly and debt cancellation was one of the major ...
Gillnetting is a fishing method that uses gillnets: vertical panels of netting that hang from a line with regularly spaced floaters that hold the line on the surface of the water. The floats are sometimes called "corks" and the line with corks is generally referred to as a "cork line." The line along the bottom of the panels is generally weighted.
In Ancient Rome, there were four primary kinds of taxation: a cattle tax, a land tax, customs, and a tax on the profits of any profession. These taxes were typically collected by local aristocrats. The Roman state would set a fixed amount of money each region needed to provide in taxes, and the local officials would decide who paid the taxes ...
The economy of ancient Greece was defined largely by the region's dependence on imported goods. As a result of the poor quality of Greece 's soil , agricultural trade was of particular importance. The impact of limited crop production was somewhat offset by Greece's paramount location, as its position in the Mediterranean gave its provinces ...
At least six people are dead and seven missing after a fishing vessel carrying 27 onboard sank in the South Atlantic about 200 miles off the coast of the Falkland Islands.
It’s always worth remembering, people’s memories are very short. They book on schedule and price. It’s not to say that some customers will not harbor resentment towards Delta for this. But ...
The stick is notched and inscribed to record a debt owed to the rural dean of Preston Candover, Hampshire, of a tithe of 20d each on 32 sheep, amounting to a total sum of £2 13s. 4d. A tally stick (or simply tally [ 1 ] ) was an ancient memory aid device used to record and document numbers, quantities and messages.