Research Results For 'Exchange'

999

999 was the world's first number for automatically telephoning the emergency services. It was introduced in London in 1936 following a disaster in 1935 in which five women died in a fire in Wimpole Street while a neighbour was unable to contact the telephone exchange which was jammed with calls. The General Post Office which ran the telephone network at the time suggested that an easy to remember three digit number, which could be easily located in the dark or in smoke, be introduced which would cause a light to flash at the exchange alerting the operators to the urgency of the call. The number 111 was rejected as it could be accidentally dialled by knocking the receiver - telephones at the time were pulse dialled - 000 could not be used as the first 0 would make it impossible to prioritise and so 999 was adopted. One year after 999 calls were introduced in London they were introduced into Glasgow.
Research 999

ACCEPTANCE

In law, acceptance is the act by which a person binds himself to pay a bill of exchange drawn upon him. No acceptance is valid unless made in writing on the bill, but an acceptance may be either absolute or conditional, that is, stipulating some alteration in the amount or date of payment, or some condition to be fulfilled previous to payment.
Research Acceptance

ARMISTICE

An armistice is a temporary suspension of hostilities between two belligerent powers or two armies by mutual agreement, often concluded for only a few hours to bury the slain, remove the wounded, and exchange prisoners, as also sometimes to allow of a parley between the opposing generals. A general armistice is usually the preliminary of a peace.
Research Armistice

BANK HOLIDAY

Bank Holidays are British public holidays when the banks are closed. They are New Year's Day, Easter Monday, May Day (the first Monday in May), Spring Bank Holiday (the last Monday in May), August Bank Holiday (last Monday in August), and Boxing Day. In Scotland, Easter Monday is replaced by the 2nd of January and the August Bank Holiday is on the first Monday in August. In Northern Ireland Saint Patrick's Day (the 17th of March) is added. In the Channel Islands Liberation Day (the 9th of May) is included.

Bank Holidays have a similar status to Sundays in that bills of exchange falling due on a Bank Holiday are postponed until the following day and also they do not count in working out days of grace. Good Friday and Christmas Day are also public holidays, but payments falling due (including bills of exchange) on these days are payable on the preceding day. When Bank Holidays fall on a Sunday, the following day becomes the Bank Holiday.
Research Bank Holiday

BERNE UNION

Berne Union is the informal name for the International Union of Credit and Investment Insurers, an association of credit insurers from the main industrial countries, except Japan. Its main function is to facilitate an exchange of information, especially over credit terms. The Export Credits Guarantee Department of the UK government is a member.
Research Berne Union

BRITISH AIRPORTS AUTHORITY

The British Airports Authority plc (BAA) is a public limited company that was floated on the London Stock Exchange in 1987 and formed from the former British Airports Authority (founded in 1966). It owns and operates London airports (Heathrow, Gatwick, and Stansted) as well as Aberdeen, Edinburgh, Prestwick, and Glasgow airports. It is responsible for the construction and maintenance of buildings, fire and security services, passenger services, and terminal management.
Research British Airports Authority

CARTEL

A cartel is a written agreement for the exchange or ransom of prisoners.
Research Cartel

COMPETITION SCAM

Competition scams are frauds which became prevalent during the late 20th century in which sophisticated, persuasive mailings are sent to people suggesting that the recipient is the winner of a prize, and requesting money from the recipient in order to release the valuable prize. Competition scams are generally operated from the USA, Canada and Australia and particularly target people in Britain, especially the elderly. The British office of fair trading in 2004 found more than 300 competition scams to be in operation, with each earning thousands of pounds each week from gullible and often naïve people from all walks of life and ages. They also discovered that the criminals operating the individual frauds exchange information and that a recipient responding favourably to one scam would subsequently be targeted by many others also, the recipients name and address being added to a special mailing list called by the perpetrators of the frauds a 'sucker list'.
Research Competition Scam

DIOMEDEAN SWAP

A Diomedean swap is an exchange in which all the benefit is on one side.
Research Diomedean Swap

FIRE OF LONDON

The Great Fire of London occurred in 1666, starting in a baker's house in Pudding Lane and burning for four days. It was attributed to be a Catholic plot intended to destroy the Protestant city of London (an early act of terrorism). The fire destroyed 88 churches, the city gates, the Royal Exchange, the Custom House, the Guildhall, Sion College, other public buildings, 13,200 houses and destroyed 400 streets. 200,000 people were made homeless and camped in Islington and Highgate fields, but only eight people were killed by the fire. A monument to the fire (the Monument of London) was erected designed by Sir Christopher Wren in 1671 - 1677.
Research Fire Of London

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