Banked Barns
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Banked Barns
A bank barn or banked barn is a style of barn noted for its accessibility, at ground level, on two separate levels. Often built into the side of a hill, or bank, both the upper and the lower floors area could be accessed from ground level, one area at the top of the hill and the other at the bottom. The second level of a bank barn also could be accessed from a ramp if a hill was not available.Brown, Kari Senior Thesis, Ohio University. Retrieved 7 February 2007. Examples of bank barns can be found in the United Kingdom, in the US, in eastern Canada, in Norway, in the Dordogne in France and in Umbria, Italy, amongst other places. Bank barns in the United Kingdom Bank barns are especially common in the upland areas of Britain, in Northumberland and Cumbria in northern England and in Devon in the south-west. History The origins of bank barns in the UK are obscure. The bank barn had made its first appearance in Cumbria by the 1660s on the farms of wealthy farmers: here farmers bough ...
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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. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a Bank regulation, high degree of 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 concept ...
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