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National Railroad Passenger Corporation
The National Railroad Passenger Corporation, doing business as Amtrak () , is the national passenger railroad company of the United States. It operates inter-city rail service in 46 of the 48 contiguous U.S. States and nine cities in Canada. ''Amtrak'' is a portmanteau of the words ''America'' and ''trak'', the latter itself a sensational spelling of ''track''. Founded in 1971 as a quasi-public corporation to operate many U.S. passenger rail routes, Amtrak receives a combination of state and federal subsidies but is managed as a for-profit organization. The United States federal government, through the Secretary of Transportation, owns all the company's issued and outstanding preferred stock. Amtrak's headquarters is located one block west of Union Station in Washington, D.C. Amtrak serves more than 500 destinations in 46 states and three Canadian provinces, operating more than 300 trains daily over of track. Amtrak owns approximately of this track and operates an addi ...
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Airline Codes
This is a list of airline codes. The table lists IATA's two-character airline designators, ICAO's three-character airline designators and the airline call signs (telephony designator). Historical assignments are also included.ht IATA airline designator IATA airline designators, sometimes called IATA reservation codes, are two-character codes assigned by the International Air Transport Association (IATA) to the world's airlines. The standard is described in IATA's '' Standard Schedules Information Manual'' and the codes themselves are described in IATA's ''Airline Coding Directory''. (Both are published semiannually.) The IATA codes were originally based on the ICAO designators which were issued in 1947 as two-letter airline identification codes (see the section below). IATA expanded the two-character-system with codes consisting of a letter and a digit (or vice versa) e.g. EasyJet's U2 after ICAO had introduced its current three-letter-system in 1982. Until then only combin ...
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Trade Name
A trade name, trading name, or business name, is a pseudonym used by companies that do not operate under their registered company name. The term for this type of alternative name is a "fictitious" business name. Registering the fictitious name with a relevant government body is often required. In a number of countries, the phrase "trading as" (abbreviated to t/a) is used to designate a trade name. In the United States, the phrase "doing business as" (abbreviated to DBA, dba, d.b.a., or d/b/a) is used, among others, such as assumed business name or fictitious business name. In Canada, "operating as" (abbreviated to o/a) and "trading as" are used, although "doing business as" is also sometimes used. A company typically uses a trade name to conduct business using a simpler name rather than using their formal and often lengthier name. Trade names are also used when a preferred name cannot be registered, often because it may already be registered or is too similar to a name that is a ...
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Fiscal Year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis but generally not the reporting period to align with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxes, such as income tax. Many annual government fees—such as council tax and license fees, are also levied on a fiscal year basis, but others are charged on an anniversary basis. Some companies, such as Cisco Systems, end their fiscal year on the same day of the week each year: the day ...
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Provinces And Territories Of Canada
Within the geographical areas of Canada, the ten provinces and three territories are sub-national administrative divisions under the jurisdiction of the Canadian Constitution. In the 1867 Canadian Confederation, three provinces of British North America—New Brunswick, Nova Scotia, and the Province of Canada (which upon Confederation was divided into Ontario and Quebec)—united to form a federation, becoming a fully independent country over the next century. Over its history, Canada's international borders have changed several times as it has added territories and provinces, making it the world's second-largest country by area. The major difference between a Canadian province and a territory is that provinces receive their power and authority from the ''Constitution Act, 1867'' (formerly called the '' British North America Act, 1867''), whereas territorial governments are creatures of statute with powers delegated to them by the Parliament of Canada. The powers flowing from ...
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Washington Union Station
Washington Union Station is a major train station, transportation hub, and leisure destination in Washington, D.C. Designed by Daniel Burnham and opened in 1907, it is Amtrak's headquarters, the railroad's second-busiest station, and North America's ninth-busiest railroad station. The station is the southern terminus of the Northeast Corridor, an electrified rail line extending north through major cities including Baltimore, Philadelphia, New York City, and Boston and the busiest passenger rail line in the nation. In 2015, it served just under 5 million passengers. An intermodal facility, Union Station also serves MARC and VRE commuter rail services, the Washington Metro, the DC Streetcar, intercity bus lines, and local Metrobus buses. At the height of its traffic, during World War II, as many as 200,000 passengers passed through the station in a single day. In 1988, a headhouse wing was added and the original station renovated for use as a shopping mall. As of 2014, ...
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Shares Outstanding
Shares outstanding are all the shares of a corporation that have been authorized, issued and purchased by investors and are held by them. They are distinguished from treasury shares, which are shares held by the corporation itself, thus representing no exercisable rights. Shares outstanding and treasury shares together amount to the number of issued shares. Shares outstanding can be calculated as either basic or fully diluted. The basic count is the current number of shares. Dividend distributions and voting in the general meeting of shareholders are calculated according to this number. The fully diluted shares outstanding count, on the other hand, includes diluting securities, such as warrants, capital notes or convertibles. If the company has any diluting securities, this indicates the potential future increased number of shares outstanding. Finding the number of shares outstanding The number of outstanding shares may change due to changes in the number of issued shares, a ...
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Issued Shares
In finance and law, issued shares are the shares of a corporation which have been allocated (allotted) and are subsequently held by shareholders. The act of creating new issued shares is called ''issuance''. Allotment is simply the transfer of shares to a subscriber. After allotment, a subscriber becomes a shareholder, though usually that also requires formal entry in a share registry. Overview The number of shares that can be issued is limited to the total authorized shares. Issued shares are those shares which the board of directors and/or shareholders have agreed to issue, and which have been issued. Issued shares are the sum of outstanding shares held by shareholders; and treasury shares are shares which had been issued but have been repurchased by the corporation, and which generally have no voting rights or rights to dividends. The issued shares of a corporation form the equity capital of the corporation, and some corporations are required by law to have a minimum value ...
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United States Secretary Of Transportation
The United States secretary of transportation is the head of the United States Department of Transportation. The secretary serves as the principal advisor to the president of the United States on all matters relating to transportation. The secretary is a statutory member of the Cabinet of the United States, and is fourteenth in the presidential line of succession. The secretary of transportation oversees the U.S. Department of Transportation, which has over 55,000 employees and thirteen agencies, including the Federal Aviation Administration, the Federal Highway Administration, the Federal Railroad Administration, and the National Highway Traffic Safety Administration. As of January 2021, the secretary receives an annual salary of $221,400. Pete Buttigieg has served as the secretary of transportation since February 3, 2021. He was confirmed by the United States Senate by a vote of 86–13 on February 2, 2021. Buttigieg is the first openly LGBTQ person to hold the position, th ...
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For-profit Corporation
A for-profit corporation is an organization which aims to earn profit through its operations and is concerned with its own interests, unlike those of the public (non-profit corporation). Structure A for-profit corporation is usually an organization operating in the private sector which sets aims that eventually help the organization itself. This kind of a company makes shares of ownership available to the general public. The purchasers of those shares then become the company's shareholders; shareholders have bought a portion of ownership of the corporation by giving away certain amount of money (differentiating from company to company) or assets of a particular value. Such organizations are usually not aided by the government as they are working for private financial gains, unlike a non-profit organization, which exists to serve a mission. The nature of a for-profit corporation is such that it is required to pay applicable taxes and register with the state. Any donation which they re ...
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Quasi-public Corporation
A quasi-corporation is an entity that exercises some of the functions of a corporation, but has not been granted separate legal personality by statute. For example, a public corporation with limited authority and powers such as a county or school district is a quasi-corporation. Definition A quasi-corporation is an entity that is not incorporated or otherwise legally established, but which functions as if it were a corporation. United States Federal government When created by the federal government of the United States, these entities are commonly called quasi-public corporations. These now or in the past have included telegraph and telephone companies, oil and gas, water, and electrical power companies, and irrigation companies. Some examples of quasi-public corporations in the US are Sallie Mae, Fannie Mae/Freddie Mac, Amtrak (National Railroad Passenger Corporation), the Communications Satellite Corporation (“COMSAT”), and the US Postal Service. State and local ...
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Sensational Spelling
Sensational spelling is the deliberate spelling of a word in a non-standard way for special effect. Branding Sensational spellings are common in advertising and product placement. In particular, brand names such as Krispy Kreme Doughnuts (''crispy cream''), Weetabix (''wheat'', with ''bix'' being derived from ''biscuits''), Blu-ray (''blue''), Kellogg's "Froot Loops" (''fruit'') or Hasbro's Playskool (''school'') may use unexpected spellings to draw attention to or trademark an otherwise common word. In video games, well-known examples of sensational spelling include "'' Mortal Kombat'' (''combat'') and Nintendo's "Pak" (''pack''), the name used for the media and accessories of its early video game systems. In popular music Sensational spelling may take on a cult value in popular culture, such as the heavy metal umlaut. During the 1960s, bands often included in their names misspelled words and/or homophones that played on double meanings of the names as spoken. Examples in ...
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Portmanteau
A portmanteau word, or portmanteau (, ) is a blend of wordsGarner's Modern American Usage
, p. 644.
in which parts of multiple words are combined into a new word, as in ''smog'', coined by blending ''smoke'' and ''fog'', or ''motel'', from ''motor'' and ''hotel''. In , a portmanteau is a single morph that is analyzed as representing two (or more) underlying morphemes. When portmanteaus shorten established
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