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Money Order
A money order is a directive to pay a pre-specified amount of money from prepaid funds, making it a more trusted method of payment than a cheque. History Systems similar to modern money orders can be traced back centuries. Paper documents known as "flying cash" were used in China from the 800s, while the Hawala practice of informal financial remittances through a widespread system of brokers can be traced to India in the 1300s and remains common in parts of Asia and Africa. The modern western money order system was established by a private firm in Great Britain in 1762, though due to high costs was not very successful. Around 1836 it was sold to another private firm which lowered the fees, significantly increasing the popularity and usage of the system. The Post Office (United Kingdom), Post Office noted the success and profitability, and it took over the system in 1838. Fees were further reduced and usage increased further, making the money order system reasonably profitable. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
India Post
The Department of Posts, d/b/a India Post, is an Indian Public Sector Undertakings in India, public sector postal system statutory body headquartered in New Delhi, India. It is an organisation under the Ministry of Communications (India), Ministry of Communications. It is the most widely distributed postal system in the world, and India is the country that has the largest number of Post office, post offices in the world. It is involved in Mail, delivering mail (post), Postal order, remitting money by money orders, accepting deposits under Small Savings Schemes, providing life insurance coverage under Postal Life Insurance (PLI) and Rural Postal Life Insurance (RPLI) and providing retail services like bill collection, sale of forms, etc. Apart from delivering services to general public and corporates, India Post is also proud custodian of a rich heritage of postal buildings that echo the historical evolution and architectural grandeur of bygone eras. India Post has declared Herit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cumberland Farms
Cumberland Farms, colloquially known as Cumby's, is a regional chain of convenience stores based in Westborough, Massachusetts, operating primarily in New England, New York and Florida. Cumberland Farms operates 566 retail stores, gas stations, and a support system including petroleum and grocery distribution operations in 8 states: Massachusetts, Rhode Island, Maine, New Hampshire, Connecticut, Vermont, New York, and Florida. History In 1939, Greek immigrant couple Vasilios and Aphrodite Haseotes purchased a single-cow farm in Cumberland, Rhode Island, which eventually grew into one of the largest dairy farms in Southern New England. Cumberland Farms opened a dairy store in Bellingham, Massachusetts, in 1958 and the first convenience store in New England in 1962. In the late 1960s Cumberland Farms had a successful ad campaign that helped expand their franchise, in part due to catchy jingles written by Brad Delp, who later co-founded the rock band Boston with Tom Scholz. On ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
QuikTrip
The QuikTrip Corporation, more commonly known as QuikTrip (QT), is an American chain of convenience stores based in Tulsa, Oklahoma, that operates in the Midwestern United States, Midwestern, Southern United States, Southern, and Western United States, Western United States. The first QuikTrip was opened in 1958 in Tulsa by Burt Holmes and Chester Cadieux. The company expanded outside of Oklahoma in 1968, and started selling gasoline in 1971. Chester's son, Chet, Jr., is the current Chief Executive Officer, CEO. In 2005, QuikTrip and Chevron Corporation, Chevron were the first two retailers to earn a "Top Tier Detergent Gasoline, Top Tier" rating from General Motors Corporation, General Motors, BMW, Honda, Volkswagen, Audi, and Toyota. The "Top Tier" rating exceeds the United States Environmental Protection Agency's standards for gasoline additives. QuikTrip was ranked as one of the 100 Best Companies to Work For. In January 2006, QT ranked No. 21, ninth among companies classi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
7-11
7-Eleven, Inc. is an American convenience store chain, headquartered in Irving, Texas. It is a wholly owned subsidiary of Seven-Eleven Japan, which in turn is owned by the retail holdings company Seven & I Holdings. The chain was founded in 1927 as the Southland Ice Company, operating an ice house storefront in Dallas. Then-owned by Southland Corporation, the number of convenience stores expanded and were named Tote'm Stores between 1928 and 1946. Southland Corporation changed the stores' name to 7-Eleven in 1946, reflecting expanded hours of operation (7 am to 11 pm). Southland Corporation started franchising its stores in 1961; in 1973 Ito-Yokado, a Japanese supermarket chain, signed a franchisee agreement with Southland Corporation to develop 7-Eleven convenience stores in Japan. Operating the Japanese stores under Seven-Eleven Japan, Ito-Yokado acquired a 70% stake in Southland Corporation in 1991; as majority owner, it changed Southland Corporation's name to 7-Eleven ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Postmaster-General
A Postmaster General, in Anglosphere countries, is the chief executive officer of the postal service of that country, a ministerial office responsible for overseeing all other postmasters. History The practice of having a government official responsible for overseeing the delivery of mail throughout the nation originated in England. A 'Master of the Posts' is mentioned in the ''King's Book of Payments'', with a payment of £100 being authorised for Sir Brian Tuke as 'Master of the King's Post' in February 1512. In 1517, he was appointed to the office of 'Governor of the King's Posts', a precursor to the office of Postmaster General of the United Kingdom, by Henry VIII Henry VIII (28 June 149128 January 1547) was King of England from 22 April 1509 until his death in 1547. Henry is known for his Wives of Henry VIII, six marriages and his efforts to have his first marriage (to Catherine of Aragon) annulled. ....Walker (1938), p. 37 In 1609, it was decreed that letter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Montgomery Blair
Montgomery Blair (May 10, 1813 – July 27, 1883) was an American politician and lawyer from Maryland. He served in the Lincoln administration cabinet as Postmaster-General from 1861 to 1864, during the Civil War. He was the son of Francis Preston Blair, elder brother of Francis Preston Blair Jr. and cousin of B. Gratz Brown. Early life and education Blair was born in Franklin County, Kentucky, site of the state capital of Frankfort. His father, Francis Preston Blair, Sr., was editor of ''The Washington Globe'' and a prominent figure in the Democratic Party during the Jacksonian era. As a boy, Montgomery "often listened to the talk of his father and Andrew Jackson." Blair graduated from the United States Military Academy at West Point. After a year of service in the Seminole War, however, he left the U.S. Army, married Caroline Rebecca Buckner of Virginia, and began studying law at Transylvania University in Lexington, Kentucky. Career Blair began to practice law ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Territories Of The United States
Territories of the United States are sub-national administrative divisions and dependent territory, dependent territories overseen by the federal government of the United States. The American territories differ from the U.S. states and Indian reservations in that they are not sovereignty, sovereign entities. In contrast, each state has a sovereignty separate from that of the federal government and each federally recognized Native American tribe possesses limited tribal sovereignty in the United States, tribal sovereignty as a "dependent sovereign nation". Territories are classified by #Incorporated vs. unincorporated territories, incorporation and whether they have an "organized" government established by an organic act passed by the United States Congress, Congress. American territories are under American sovereignty and may be treated as part of the U.S. ''proper'' in some ways and not others (i.e., territories belong to, but are not considered part of the U.S.). Unincorpor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Internal Revenue Service
The Internal Revenue Service (IRS) is the revenue service for the Federal government of the United States, United States federal government, which is responsible for collecting Taxation in the United States, U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory tax law. It is an agency of the United States Department of the Treasury, Department of the Treasury and led by the Commissioner of Internal Revenue, who is appointed to a five-year term by the President of the United States. The duties of the IRS include providing tax assistance to taxpayers; pursuing and resolving instances of erroneous or fraudulent tax filings; and overseeing various benefits programs, including the Affordable Care Act. The IRS originates from the Commissioner of Internal Revenue, a federal office created in 1862 to assess the nation's first income tax to fund the American Civil War. The temporary measure funded over a fifth of the Union's war expens ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Certified Funds
Certified funds are a form of payment that is guaranteed to clear or settle by a bank or other financial institution certifying the funds. The term is most commonly used in North America in the context of real estate transactions. When making certain types of transactions, such as purchasing real property, motor vehicles and other items that require title, the seller usually requires a guarantee that the payment method used will satisfy the obligations. To do this, the seller will require certified funds, usually in the form of: *Certified check *Cashier's check (known as a bank draft in Canada) *Money order * Manager's check *Wire transfer Specifically, personal checks are not allowed, as the account may not have sufficient funds, and credit cards are not allowed, as the transaction may later be disputed or reversed. Checks sent by a bank bill payment service can fall into an ambiguous state, since the funds are typically removed from the sender's account before the check is ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Union
A credit union is a member-owned nonprofit organization, nonprofit cooperative financial institution. They may offer financial services equivalent to those of commercial banks, such as share accounts (savings accounts), share draft accounts (checking account, cheque accounts), credit cards, Credit (finance), credit, share term certificates (Certificate of deposit, certificates of deposit), and online banking. Normally, only a member of a credit union may deposit account, deposit or loan, borrow money. In several African countries, credit unions are commonly referred to as ''SACCOs'' (''savings and credit co-operatives''). Worldwide, credit union systems vary significantly in their total assets and average institution asset size, ranging from volunteer operations with a handful of members to institutions with hundreds of thousands of members and assets worth billions of US dollars. In 2018, the number of members in credit unions worldwide was 375 million, with over 100 millio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
A bank is a financial institution that accepts Deposit account, 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. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, 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 accounting liquidity, 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 o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
