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Banking In Ancient Rome
In ancient Rome there were a variety of officials tasked with banking. These were the ''argentarii'', ''mensarii'', ''coactores'', and ''nummulari''. The ''argentarii'' were money changers. The role of the ''mensarii'' was to help people through economic hardships, the ''coactores'' were hired to collect money and give it to their employer, and the ''nummulari'' minted and tested currency. They offered credit systems and loans. Between 260 and the fourth century CE Roman bankers disappear from the historical record, likely because of economic difficulties caused by the debasement of the currency. History The earliest banks in ancient Rome were located in temples. They would charge interest on loans, exchange money, and track their finances through written records. Due to the piety of the officials and employees of these temples, the upper class of ancient Rome trusted these places to protect and hold their wealth. Typically, their money was stored in multiple temples. This prac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ancient Rome
In modern historiography, ancient Rome refers to Roman civilisation from the founding of the city of Rome in the 8th century BC to the collapse of the Western Roman Empire in the 5th century AD. It encompasses the Roman Kingdom (753–509 BC), Roman Republic (509–27 BC) and Roman Empire (27 BC–476 AD) until the fall of the western empire. Ancient Rome began as an Italic settlement, traditionally dated to 753 BC, beside the River Tiber in the Italian Peninsula. The settlement grew into the city and polity of Rome, and came to control its neighbours through a combination of treaties and military strength. It eventually dominated the Italian Peninsula, assimilated the Greek culture of southern Italy ( Magna Grecia) and the Etruscan culture and acquired an Empire that took in much of Europe and the lands and peoples surrounding the Mediterranean Sea. It was among the largest empires in the ancient world, with an estimated 50 to 90 million inhabitants, roughly 20% of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roman Censor
The censor (at any time, there were two) was a magistrate in ancient Rome who was responsible for maintaining the census, supervising public morality, and overseeing certain aspects of the government's finances. The power of the censor was absolute: no magistrate could oppose his decisions, and only another censor who succeeded him could cancel those decisions. The censor's regulation of public morality is the origin of the modern meaning of the words ''censor'' and ''censorship''. Early history of the magistracy The ''census'' was first instituted by Servius Tullius, sixth king of Rome, BC. After the abolition of the monarchy and the founding of the Republic in 509 BC, the consuls had responsibility for the census until 443 BC. In 442 BC, no consuls were elected, but tribunes with consular power were appointed instead. This was a move by the plebeians to try to attain higher magistracies: only patricians could be elected consuls, while some military tribunes were plebeians. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mint (facility)
A mint is an industrial facility which manufactures coins that can be used as currency. The history of mints correlates closely with the history of coins. In the beginning, hammered coinage or cast coinage were the chief means of coin minting, with resulting production runs numbering as little as the hundreds or thousands. In modern mints, coin dies are manufactured in large numbers and planchets are made into milled coins by the billions. With the mass production of currency, the production cost is weighed when minting coins. For example, it costs the United States Mint much less than 25 cents to make a quarter (a 25 cent coin), and the difference in production cost and face value (called seigniorage) helps fund the minting body. Conversely, a U.S. penny ($0.01) cost $0.015 to make in 2016. History The first minted coins The earliest metallic money did not consist of coins, but of unminted metal in the form of rings and other ornaments or of weapons, which were used for th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Service
A public service is any service intended to address specific needs pertaining to the aggregate members of a community. Public services are available to people within a government jurisdiction as provided directly through public sector agencies or via public financing to private businesses or voluntary organizations (or even as provided by family households, though terminology may differ depending on context). Other public services are undertaken on behalf of a government's residents or in the interest of its citizens. The term is associated with a social consensus (usually expressed through democratic elections) that certain services should be available to all, regardless of income, physical ability or mental acuity. Examples of such services include the fire brigade, police, air force, and paramedics (see also public service broadcasting). Even where public services are neither publicly provided nor publicly financed, they are usually subject to regulation going beyond that ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debt
Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase. The debt may be owed by sovereign state or country, local government, company, or an individual. Commercial debt is generally subject to contractual terms regarding the amount and timing of repayments of principal and interest. Loans, bonds, notes, and mortgages are all types of debt. In financial accounting, debt is a type of financial transaction, as distinct from equity. The term can also be used metaphorically to cover moral obligations and other interactions not based on a monetary value. For example, in Western cultures, a person who has been helped by a second person is sometimes said to owe a "debt of gratitude" to the second person. Etymology The English term "debt" was first used in the late 13th century. The term "debt" comes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Plebeians
In ancient Rome, the plebeians (also called plebs) were the general body of free Roman citizens who were not patricians, as determined by the census, or in other words " commoners". Both classes were hereditary. Etymology The precise origins of the group and the term are unclear, but may be related to the Greek, ''plēthos'', meaning masses. In Latin, the word is a singular collective noun, and its genitive is . Plebeians were not a monolithic social class. Those who resided in the city and were part of the four urban tribes are sometimes called the , while those who lived in the country and were part of the 31 smaller rural tribes are sometimes differentiated by using the label . (List of Roman tribes) In ancient Rome In the annalistic tradition of Livy and Dionysius, the distinction between patricians and plebeians was as old as Rome itself, instituted by Romulus' appointment of the first hundred senators, whose descendants became the patriciate. Modern hypotheses date ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Civil Disorder
Civil disorder, also known as civil disturbance, civil unrest, or social unrest is a situation arising from a mass act of civil disobedience (such as a demonstration, riot, strike, or unlawful assembly) in which law enforcement has difficulty maintaining their authority. Engagement According to the U.S. Code, a person is engaged in civil disorder if they - Causes Any number of things may cause civil disorder, whether it is a single cause or a combination of causes; however, most are born from political grievances, economic disparities, social discord, but historically have been the result of long-standing oppression by a group of people towards another. Civil disorder arising from political grievances can include a range of events, from a simple protest to a mass civil disobedience. These events can be spontaneous, but can also be planned. These events can turn violent when agitators and law enforcers overreact. Civil disorder has in history arisen from economic dispu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Recorded History
Recorded history or written history describes the historical events that have been recorded in a written form or other documented communication which are subsequently evaluated by historians using the historical method. For broader world history, recorded history begins with the accounts of the ancient world around the 4th millennium BC, and it coincides with the invention of writing. For some geographic regions or cultures, written history is limited to a relatively recent period in human history because of the limited use of written records. Moreover, human cultures do not always record all of the information which is considered relevant by later historians, such as the full impact of natural disasters or the names of individuals. Recorded history for particular types of information is therefore limited based on the types of records kept. Because of this, recorded history in different contexts may refer to different periods of time depending on the topic. The interpretation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Routledge
Routledge () is a British multinational publisher. It was founded in 1836 by George Routledge, and specialises in providing academic books, journals and online resources in the fields of the humanities, behavioural science, education, law, and social science. The company publishes approximately 1,800 journals and 5,000 new books each year and their backlist encompasses over 70,000 titles. Routledge is claimed to be the largest global academic publisher within humanities and social sciences. In 1998, Routledge became a subdivision and imprint of its former rival, Taylor & Francis Group (T&F), as a result of a £90-million acquisition deal from Cinven, a venture capital group which had purchased it two years previously for £25 million. Following the merger of Informa and T&F in 2004, Routledge became a publishing unit and major imprint within the Informa "academic publishing" division. Routledge is headquartered in the main T&F office in Milton Park, Abingdon, Oxfordshire and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Transaction
A financial transaction is an agreement, or communication, between a buyer and seller to exchange goods, services, or assets for payment. Any transaction involves a change in the status of the finances of two or more businesses or individuals. A financial transaction always involves one or more financial asset, most commonly money or another valuable item such as gold or silver. There are many types of financial transactions. The most common type, purchases, occur when a good, service, or other commodity is sold to a consumer in exchange for money. Most purchases are made with cash payments, including physical currency, debit cards, or cheques. The other main form of payment is credit, which gives immediate access to funds in exchange for repayment at a later date. History There is no evidence to support the theory that ancient civilizations worked on systems of barter. Instead, most historians believe that ancient cultures worked on principles of gift economy and debt. In a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Assay
An assay is an investigative (analytic) procedure in laboratory medicine, mining, pharmacology, environmental biology and molecular biology for qualitatively assessing or quantitatively measuring the presence, amount, or functional activity of a target entity. The measured entity is often called the analyte, the measurand, or the target of the assay. The analyte can be a drug, biochemical substance, chemical element or compound, or cell in an organism or organic sample. An assay usually aims to measure an analyte's intensive property and express it in the relevant measurement unit (e.g. molarity, density, functional activity in enzyme international units, degree of effect in comparison to a standard, etc.). If the assay involves exogenous reactants (the reagents), then their quantities are kept fixed (or in excess) so that the quantity and quality of the target are the only limiting factors. The difference in the assay outcome is used to deduce the unknown quality or quantity o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
