Leonardus Lessius
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Leonardus Lessius
Leonardus Lessius ( nl, Lenaert Leys; 1 October 1554, in Brecht – 15 January 1623, in Leuven) was a Flemish moral theologian from the Jesuit order. Life At the age of thirteen the young Leonard won the Brecht scholarship to the University of Leuven. This university is the main place he will be identified with for the next fifty years. In 1567 he matriculated in an arts department called Le Porc (Porcus alit doctos), during the final oral exam he was merited the title of primus. He joined the Jesuits in 1572, and after theological studies in Rome under Francisco Suarez and Robert Bellarmine, he became professor of theology at the University of Leuven. In his early teaching years, he was involved in the predestination theological debate that was raging in Leuven in 1587–88 (against Baianism). Despite significant persecution and censorship that he receive as a result, Lessius supported the view of free will and predestination developed by Luis de Molina, which was seen by man ...
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Summa Theologica
The ''Summa Theologiae'' or ''Summa Theologica'' (), often referred to simply as the ''Summa'', is the best-known work of Thomas Aquinas (1225–1274), a scholastic theologian and Doctor of the Church. It is a compendium of all of the main theological teachings of the Catholic Church, intended to be an instructional guide for theology students, including seminarians and the literate laity. Presenting the reasoning for almost all points of Christian theology in the West, topics of the ''Summa'' follow the following cycle: God; Creation, Man; Man's purpose; Christ; the Sacraments; and back to God. Although unfinished, it is "one of the classics of the history of philosophy and one of the most influential works of Western literature." Moreover, the ''Summa'' remains Aquinas' "most perfect work, the fruit of his mature years, in which the thought of his whole life is condensed." Among non-scholars, the ''Summa'' is perhaps most famous for its five arguments for the existence of ...
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Apse
In architecture, an apse (plural apses; from Latin 'arch, vault' from Ancient Greek 'arch'; sometimes written apsis, plural apsides) is a semicircular recess covered with a hemispherical vault or semi-dome, also known as an '' exedra''. In Byzantine, Romanesque, and Gothic Christian church (including cathedral and abbey) architecture, the term is applied to a semi-circular or polygonal termination of the main building at the liturgical east end (where the altar is), regardless of the shape of the roof, which may be flat, sloping, domed, or hemispherical. Smaller apses are found elsewhere, especially in shrines. Definition An apse is a semicircular recess, often covered with a hemispherical vault. Commonly, the apse of a church, cathedral or basilica is the semicircular or polygonal termination to the choir or sanctuary, or sometimes at the end of an aisle. Smaller apses are sometimes built in other parts of the church, especially for reliquaries or shrines of saints ...
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Baptistry
In Christian architecture the baptistery or baptistry (Old French ''baptisterie''; Latin ''baptisterium''; Greek , 'bathing-place, baptistery', from , baptízein, 'to baptize') is the separate centrally planned structure surrounding the baptismal font. The baptistery may be incorporated within the body of a church or cathedral, and provided with an altar as a chapel. In the early Church, the catechumens were instructed and the sacrament of baptism was administered in the baptistery. Design The sacramental importance and sometimes architectural splendour of the baptistery reflect the historical importance of baptism to Christians. The octagonal plan of the Lateran Baptistery, the first structure expressly built as a baptistery, provided a widely followed model. The baptistery might be twelve-sided, or even circular as at Pisa. In a narthex or anteroom, the catechumens were instructed and made their confession of faith before baptism. The main interior space centered upon the ba ...
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Teleological Argument
The teleological argument (from ; also known as physico-theological argument, argument from design, or intelligent design argument) is an argument for the existence of God or, more generally, that complex functionality in the natural world which looks designed is evidence of an intelligent creator. The earliest recorded versions of this argument are associated with Socrates in ancient Greece, although it has been argued that he was taking up an older argument.Ahbel-Rappe, Sara, and R. Kamtekar. 2009. ''A Companion to Socrates''. John Wiley & Sons. p. 45. "Xenophon attributes to Socrates what is probably the earliest known natural theology, an argument for the existence of the gods from observations of design in the physical world." Plato and Aristotle developed complex approaches to the proposal that the cosmos has an intelligent cause, but it was the Stoics who, under their influence, "developed the battery of creationist arguments broadly known under the label 'The Argumen ...
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Risk
In simple terms, risk is the possibility of something bad happening. Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value (such as health, well-being, wealth, property or the environment), often focusing on negative, undesirable consequences. Many different definitions have been proposed. The international standard definition of risk for common understanding in different applications is “effect of uncertainty on objectives”. The understanding of risk, the methods of assessment and management, the descriptions of risk and even the definitions of risk differ in different practice areas ( business, economics, environment, finance, information technology, health, insurance, safety, security etc). This article provides links to more detailed articles on these areas. The international standard for risk management, ISO 31000, provides principles and generic guidelines on managing risks faced by organizations. Def ...
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Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ...
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Interest
In finance and economics, interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate. It is distinct from a fee which the borrower may pay the lender or some third party. It is also distinct from dividend which is paid by a company to its shareholders (owners) from its profit or reserve, but not at a particular rate decided beforehand, rather on a pro rata basis as a share in the reward gained by risk taking entrepreneurs when the revenue earned exceeds the total costs. For example, a customer would usually pay interest to borrow from a bank, so they pay the bank an amount which is more than the amount they borrowed; or a customer may earn interest on their savings, and so they may withdraw more than they originally deposited. In the case of savings, the customer is the lender, and the bank plays the role of the borrower. Interest ...
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Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on these elements. Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advocating "what ought to be"; between economic theory and applied economics; between rational a ...
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Ethical
Ethics or moral philosophy is a branch of philosophy that "involves systematizing, defending, and recommending concepts of right and wrong behavior".''Internet Encyclopedia of Philosophy'' The field of ethics, along with aesthetics, concerns matters of value; these fields comprise the branch of philosophy called axiology. Ethics seeks to resolve questions of human morality by defining concepts such as good and evil, right and wrong, virtue and vice, justice and crime. As a field of intellectual inquiry, moral philosophy is related to the fields of moral psychology, descriptive ethics, and value theory. Three major areas of study within ethics recognized today are: # Meta-ethics, concerning the theoretical meaning and reference of moral propositions, and how their truth values (if any) can be determined; # Normative ethics, concerning the practical means of determining a moral course of action; # Applied ethics, concerning what a person is obligated (or permitted) to do in a s ...
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Commerce
Commerce is the large-scale organized system of activities, functions, procedures and institutions directly and indirectly related to the exchange (buying and selling) of goods and services among two or more parties within local, regional, national or international economies. More specifically, commerce is not business, but rather the part of business which facilitates the movement and distribution of finished or unfinished but valuable goods and services from the producers to the end consumers on a large scale, as opposed to the sourcing of raw materials and manufacturing of those goods. Commerce is subtly different from trade as well, which is the final transaction, exchange or transfer of finished goods and services between a seller and an end consumer. Commerce not only includes trade as defined above, but also a series of transactions that happen between the producer and the seller with the help of the auxiliary services and means which facilitate such trade. These auxili ...
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Banking
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in ...
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