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Bank Of Amsterdam
The Bank of Amsterdam or Wisselbank () was an early bank, vouched for by the city of Amsterdam, and established in 1609. It was the first public bank to offer accounts not directly convertible to coin. As such, it has been described as the first true central bank, even though that view is not uniformly shared. The Amsterdam Wisselbank was also active in the production of coins. For decades the assay master of the Bank sent out stocks of gold and silver to the various Mints in the United Netherlands to receive new coins in return. Unlike the Bank of England, established almost a century later, it neither managed the national currency nor acted as a lending institution (except to the government in emergencies); it was intended to defend coinage standard. The role of the Wisselbank was to correctly estimate the value of coins and thus make debasement less profitable. It had a global impact on money and credit. It occupied a central position in the financial world of its day, provi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kingdom Of The Netherlands
The Kingdom of the Netherlands (, ;, , ), commonly known simply as the Netherlands, is a sovereign state consisting of a collection of constituent territories united under the monarch of the Netherlands, who functions as head of state. The realm is not a federation; it is a unitary monarchy with its largest subdivision, the eponymous Netherlands, predominantly located in Northwestern Europe and with several smaller island territories located in the Caribbean. The four subdivisions of the Kingdom— Aruba, Curaçao, the Netherlands, and Sint Maarten—are constituent countries ( in Dutch; singular: ) and participate on a basis of equality as partners in the Kingdom. In practice, however, most of the Kingdom's affairs are administered by the Netherlands—which comprises roughly 98% of the Kingdom's land area and population—on behalf of the entire Kingdom. Consequently, Aruba, Curaçao, and Sint Maarten are dependent on the Netherlands for matters like foreign policy and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stuiver
The stuiver was a coin used in the Netherlands, worth of a guilder (16 ''penning'' or 8 '' duit'', later 5 cents). It was also minted on the Lower Rhine region and the Dutch colonies. The word can still refer to the 5 euro cent coin, which has almost exactly the same diameter and colour despite being over twice the value of the older coin. Netherlands The ''Stüber'' emerged from the ''vierlander'' ("coin of four provinces"), that Philip III of Burgundy had minted from 1434 as a common denomination for Brabant, Flanders, Holland and the Hainault (''Hennegau'') and which had a value of Rhenish ''gulden''. It corresponded to 3 Brabant ''Plakken'', 2 Flemish '' Groten'', 16 Dutch ''pfennigs'' or 1 Artesian ''schilling''. The name "stuiver" derives from the Dutch ''stuiven'' ("flying sparks"), since on early Flemish ''stuivers'' "spark-producing flints of the Collar of the Golden Fleece" were depicted. Twenty stuivers equalled a ''Dutch Guilder.'' It circulated until ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Money
Demand deposits or checkbook money are funds held in demand accounts in commercial banks. These account balances are usually considered money and form the greater part of the narrowly defined money supply of a country. Simply put, these are deposits in the bank that can be withdrawn on demand, without any prior notice. History In the United States, demand deposits arose following the 1865 tax of 10% on the issuance of State bank (United States), state bank notes; see Banking in the United States#The dual banking system – 1860s, history of banking in the USA. In the U.S., demand deposits only refer to funds held in checking accounts (or cheque offering accounts) other than Negotiable order of withdrawal account, NOW accounts; however, in a 1970s and 1980s response to the 1933 promulgation of Regulation Q in the U.S., demand deposits in some cases came to allow easier access to funds from other types of accounts (e.g. savings accounts and money market accounts). For the histor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ledger
A ledger is a book or collection of accounts in which accounting transactions are recorded. Each account has: * an opening or brought-forward balance; *a list of transactions, each recorded as either a debit or credit in separate columns (usually with a counter-entry on another page) *and an ending or closing, or carry-forward, balance. Overview The ledger is a permanent summary of all amounts entered in supporting journals (day books) which list individual transactions by date. Usually every transaction, or a total of a series of transactions, flows from a journal to one or more ledgers. Depending on the company's bookkeeping procedures, all journals may be totaled and the totals posted to the relevant ledger each month. At the end of the accounting period, the company's financial statements are generated from summary totals in the ledgers. Ledgers include: * Sales ledger (debtors ledger): records accounts receivable. This ledger records the financial transactions betwe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Journal
A general journal is a Bookkeeping#Daybooks, daybook or subsidiary journal in which transactions relating to adjustment entries, opening stock, depreciation, accounting errors etc. are recorded. The Source document (accounting), source documents for general journal entries may be journal vouchers, copies of management reports and invoices. Journals are prime entry books, and may also be referred to as ''books of original entry'', from when transactions were written in a journal before they were manually posted to accounts in the general ledger or a subsidiary ledger. It is where Double-entry bookkeeping system, double-entry bookkeeping entries are recorded by debiting one or more accounts and Debits and credits, crediting another one or more accounts with the same total amount. The total amount debited and the total amount credited should always be equal, thereby ensuring the accounting equation is maintained. In manual accounting information systems, a variety of special journa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Usher (occupation)
An usher is a person who welcomes and shows people where to sit, especially at a church, theatre or when attending a wedding. History The word comes from the Latin '' ostiarius'' ("porter", "doorman") through Norman French, and is a cognate of the French '' huissier''. Ushers were servants or courtiers who showed or ushered visitors in and out of meetings in large houses or palaces. In the United Kingdom, a variety of titles for courtiers in the Royal Household include the word ''usher''. In England, Wales, Scotland and Ireland, from the early sixteenth century until at least the end of the nineteenth century, the term denoted an assistant to a schoolmaster or head-teacher; an under-master, assistant-master. In such use, however, the term is now rare. Duties Ushers assist visitors by formally showing the way in a large building or to their appropriate seats. This may coincide with a security role. At weddings, friends of the groom and bride may be recruited to direct gu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jan Wagenaar
Jan Wagenaar (25 October 1709 – 1 March 1773) was a Dutch historian, best known for his contributions to ''Tegenwoordige staat van nederland'' and ''Vaderlandsche Historie''. Biography Wagenaar was born in Amsterdam to a Mennonite master shoemaker of the same name and Maria Saftleven, a descendant of the landscape painter Herman Saftleven. He was schooled in reading and mathematics and finished his education at a French school in Amsterdam. He was known for his poems and made his first play at age twelve, which was published without his consent. In 1722 another poem was published in ''Haarlem Haarlem (; predecessor of ''Harlem'' in English language, English) is a List of cities in the Netherlands by province, city and Municipalities of the Netherlands, municipality in the Netherlands. It is the capital of the Provinces of the Nether ...'' that he wrote for the village sacristan of Zandvoort. He was apprenticed to a Catholic merchant and later became a wood trader, b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vroedschap
The ''vroedschap'' () was the name for the (all male) city council in the early modern Netherlands; the member of such a council was called a ''vroedman'', literally a "wise man". An honorific title of the ''vroedschap'' was the ''vroede vaderen'', the "wise fathers" Most early modern Dutch cities were ruled by a government of male Burgess (title), burghers or ''poorters'' (bourgeois) who were members of the regent class, the ruling elite. During late Medieval times, the regents had in all cities gradually managed to exclude men of the artisan class from membership, making themselves a sort of hereditary city nobility. In the Dutch Republic, a city administration consisted of the magistrate and the ''vroedschap''. The magistrate (or city government) consisted of a number, often four, of burgomasters assisted by a number of aldermen (''schepenen''), and looked after the daily administration of the city. In most cities, the mayors were chosen for a period of four years. The prev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Schepenen
A schepen (Dutch, ; . ') or échevin (French, , ) or Schöffe (German, ) is a municipal officer in Belgium and formerly the Netherlands, where it has been replaced by the (a municipal executive). In modern Belgium, the ''schepen'' or ''échevin'' is part of the municipal government. Depending on the context, it may be roughly translated as an alderman, councillor, or magistrate. Name The Dutch word ''schepen'' comes from the Old Saxon word ''scepino'' 'judge' and is related to German ''Schöffe'' 'lay magistrate'. In early Medieval Latin used in France, it was ''scabinus''. Originally, the word referred to member of a council of "deciders" – literally, "judgment finders" (''oordeelvinders'') – that sat at a mandatory public assembly called a ''ding'' ("thing" in English). Their judgments originally required ratification by a majority of the people present. Later, mandatory attendance (''dingplicht'') and ratification were no longer required. Belgium In Flanders, a ''sc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Book-entry
Book entry is a system of tracking ownership of securities where no certificate is given to investors. Several terms are often used interchangeably with "book entry" shares including "paperless shares", "electronic shares", "digital shares", "digital stock certificates", and "uncertificated shares". Some of these terms have somewhat different connotations but, at least in the United States, state securities laws only recognize certificated and uncertificated shares. In the case of book-entry-only (BEO) issues, while investors do not receive certificates, a custodian holds one or more global certificates. Dematerialized securities, in contrast, are ones in which no certificates exist; instead, the security issuer, its agent or a central securities depository keeps records, usually electronically of who holds outstanding securities. Most investors who use an online broker or even a regular full-service broker will have their shares held in book-entry form. This is generally conve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
