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Business Days
A business day means any day except any Saturday, any Sunday, or any day which is a legal holiday or any day on which banking institutions are authorized or required by law or other governmental action to close. The definition of a business day varies by region. It depends on the local workweek which is dictated by local customs, religions, and business operations. For example, in the United States and much of the Western world, they are typically Monday through Friday from 9a.m. to 5p.m. By contrast, for many eastern countries such as Japan, the normal business day is Monday through Friday from 8:30a.m. to 7p.m. The length of a business day varies by era, by region, by industry, and by company. Prevalent norms have included the 8-hour day and the 10-hour day, but various lengths, from 4 to 16 hours, have been normal in certain times and places. Business days are commonly used by couriers when determining the arrival date of a package. If a courier ships a parcel on a Thursday ...
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Workweek
The weekdays and weekend are the complementary parts of the week devoted to labour and rest, respectively. The legal weekdays (British English), or workweek (American English), is the part of the seven-day week devoted to working. In most of the world, the workweek is from Monday to Friday and the weekend is Saturday and Sunday. A weekday or workday is any day of the working week. Other institutions often follow this pattern, such as places of education. The constituted weekend has varying definitions, based on determined calendar days, designated period of time, and/or regional definition of the working week (e.g., commencing after 5:00 p.m. on Friday and lasting until 6:00 p.m. on Sunday). Sometimes the term "weekend" is expanded to include the time after work hours on the last workday of the week (e.g., Friday evening is often referred to as the start of the weekend). In some Christian traditions, Sunday is the " day of rest and worship". The Jewish ''Shabbat'' or B ...
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Flextime
Flextime (also spelled flexitime ( BE) or flex-time) is a flexible hours schedule that allows workers to alter their workday and decide/adjust their start and finish times. In contrast to traditional work arrangements that require employees to work a standard 9a.m. to 5p.m. day, flextime typically involves a "core" period of the day during which employees are required to be at work (e.g., between 11a.m. and 3p.m.), and a "bandwidth" period within which all required hours must be worked (e.g., between 5:30 a.m. and 7:30 p.m.). The working day outside of the "core" period is "flexible time", in which employees can choose when they work, subject to achieving total daily, weekly or monthly hours within the "bandwidth" period set by employers, and subject to the necessary work being done. The total working time required of employees on flextime schedules is the same as that required under traditional work schedules. A flextime policy allows staff to determine when they will ...
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Day Count Convention
In finance, a day count convention determines how interest accrues over time for a variety of investments, including bonds, notes, loans, mortgages, medium-term notes, swaps, and forward rate agreements (FRAs). This determines the number of days between two coupon payments, thus calculating the amount transferred on payment dates and also the accrued interest for dates between payments. The day count is also used to quantify periods of time when discounting a cash-flow to its present value. When a security such as a bond is sold between interest payment dates, the seller is eligible to some fraction of the coupon amount. The day count convention is used in many other formulas in financial mathematics as well. Development The need for day count conventions is a direct consequence of interest-earning investments. Different conventions were developed to address often conflicting requirements, including ease of calculation, constancy of time period (day, month, or year) and the need ...
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Firefighter
A firefighter is a first responder and rescuer extensively trained in firefighting, primarily to extinguish hazardous fires that threaten life, property, and the environment as well as to rescue people and in some cases or jurisdictions also animals from dangerous situations. Male firefighters are sometimes referred to as firemen (and, less commonly, a female firefighter as firewoman). The fire service, also known in some countries as the fire brigade or fire department, is one of the three main emergency services. From urban areas to aboard ships, firefighters have become ubiquitous around the world. The skills required for safe operations are regularly practised during training evaluations throughout a firefighter's career. Initial firefighting skills are normally taught through local, regional or state-approved fire academies or training courses. Depending on the requirements of a department, additional skills and certifications such as technical rescue and pre-hospital ...
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Ladenschlussgesetz
In the Federal Republic of Germany, the Ladenschlussgesetz or "Shop Closing Law" (abbreviated: LadSchlG) is the federal " blue law" compelling retail stores to close to the public on Sundays and Christian holidays. The ''Ladenschlussgesetz'' in its current form was first enacted on 28 November 1956 following pressure from Germany's trade unions; in its last revision (of 2 June 2003), points of sale ''(Verkaufsstellen)'' must be closed at any of the following times: # On Sundays and public holidays; # On working days (Monday through Saturday) before 06:00 and after 20:00; # On 24 December before 06:00 and after 14:00 if that date falls on a working day The law provides differing regulations for pharmacies, petrol stations, shops at train stations and airports, etc. On 30 June 2006, as part of the ''Föderalismusreform'' ("Federalism Reform"), the regulatory responsibility for this area was devolved to the German states. The net effect, although the Federal law technically remain ...
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Federal Ministry Of Justice And Consumer Protection
The Federal Ministry of Justice (german: Bundesministerium der Justiz, ), abbreviated BMJ, is a cabinet-level ministry of the Federal Republic of Germany. Under the German federal system, individual States are most responsible for the administration of justice and the application of penalties. The Federal Ministry of Justice devotes itself to creating and changing law in the classic core areas related to Constitutional law. The Ministry also analyzes the legality and constitutionality of laws prepared by other ministries. The German Federal Court of Justice, the German Patent and Trade Mark Office (GPTO), and the German Patent Court all fall under its scope. The ministry is officially located in Berlin. The BMJ was founded on January 1, 1877, as the Imperial Justice Office (''Reichsjustizamt''). After Germany became a republic in 1919, it was renamed ''Reichsministerium der Justiz'' (Imperial ministry of Justice). The ministry was refounded as the ''Bundesministerium der Justiz' ...
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Public Holiday
A public holiday, national holiday, or legal holiday is a holiday generally established by law and is usually a non-working day during the year. Sovereign nations and territories observe holidays based on events of significance to their history, such as the National Day. For example, Australians celebrate Australia Day. They vary by country and may vary by year. With Public holidays in Nepal, 36 days a year, Nepal is the country with the highest number of public holidays but it observes six working days a week. India ranks second with 21 national holidays, followed by Colombia and the Philippines at 18 each. Likewise, China and Hong Kong enjoy 17 public breaks a year. Some countries (e.g. Cambodia) with a longer, six-day workweek, have more holidays (28) to compensate. The public holidays are generally days of celebration, like the anniversary of a significant historical event, or can be a religious holiday, religious celebration like Diwali. Holidays can land on a specific day ...
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German Language
German ( ) is a West Germanic languages, West Germanic language mainly spoken in Central Europe. It is the most widely spoken and Official language, official or co-official language in Germany, Austria, Switzerland, Liechtenstein, and the Italy, Italian province of South Tyrol. It is also a co-official language of Luxembourg and German-speaking Community of Belgium, Belgium, as well as a national language in Namibia. Outside Germany, it is also spoken by German communities in France (Bas-Rhin), Czech Republic (North Bohemia), Poland (Upper Silesia), Slovakia (Bratislava Region), and Hungary (Sopron). German is most similar to other languages within the West Germanic language branch, including Afrikaans, Dutch language, Dutch, English language, English, the Frisian languages, Low German, Luxembourgish, Scots language, Scots, and Yiddish. It also contains close similarities in vocabulary to some languages in the North Germanic languages, North Germanic group, such as Danish lan ...
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Switzerland
). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel, St. Gallen a.o.). , coordinates = , largest_city = Zürich , official_languages = , englishmotto = "One for all, all for one" , religion_year = 2020 , religion_ref = , religion = , demonym = , german: Schweizer/Schweizerin, french: Suisse/Suissesse, it, svizzero/svizzera or , rm, Svizzer/Svizra , government_type = Federalism, Federal assembly-independent Directorial system, directorial republic with elements of a direct democracy , leader_title1 = Federal Council (Switzerland), Federal Council , leader_name1 = , leader_title2 = , leader_name2 = Walter Thurnherr , legislature = Fe ...
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Austria
Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous city and state. A landlocked country, Austria is bordered by Germany to the northwest, the Czech Republic to the north, Slovakia to the northeast, Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the west. The country occupies an area of and has a population of 9 million. Austria emerged from the remnants of the Eastern and Hungarian March at the end of the first millennium. Originally a margraviate of Bavaria, it developed into a duchy of the Holy Roman Empire in 1156 and was later made an archduchy in 1453. In the 16th century, Vienna began serving as the empire's administrative capital and Austria thus became the heartland of the Habsburg monarchy. After the dissolution of the H ...
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