Büyük Yeni Han
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Büyük Yeni Han
The Büyük Yeni Han () is a large historic Caravanserai, ''han'' (caravanserai) in Istanbul, Turkey. It was founded by Sultan Mustafa III and completed in 1764 Common Era, CE (1177 Hijri year, AH). It is the second largest historic caravanserai in the city. History The ''han is located in the central historic market district that extends from the Grand Bazaar, Istanbul, Grand Bazaar to the Eminönü neighbourhood on the shore of the Golden Horn. Since the founding of the first ''bedesten'' by Mehmed the Conqueror, Mehmet II in the mid-15th century, the Grand Bazaar developed into the city's main hub of international trade, spawning entire districts of shops, warehouses, and merchant lodgings. A ''han'', a type of urban caravanserai, was a common type of commercial structure in Ottoman architecture (and more broadly in Islamic architecture, Islamic-world architecture) which served a number of functions including lodging for foreign merchants, storage for goods or merchandise, hous ...
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Financial Endowment
A financial endowment is a legal structure for managing, and in many cases indefinitely perpetuating, a pool of Financial instrument, financial, real estate, or other investments for a specific purpose according to Donor intent, the will of its founders and donors. Endowments are often structured so that the inflation-adjusted principal (finance), principal or "corpus" value is kept intact, while a portion of the fund can be (and in some cases must be) spent each year, utilizing a prudent spending policy. Endowments are often governed and managed either as a Nonprofit organization, nonprofit corporation, a charitable foundation, or a private foundation that, while serving a good cause, might not qualify as a public charity. In some jurisdictions, it is common for endowed funds to be established as a trust (law), trust independent of the organizations and the causes the endowment is meant to serve. Institutions that commonly manage endowments include academic institutions (e.g., co ...
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Ottoman Baroque Architecture
Ottoman Baroque architecture, also known as Turkish Baroque, was a period in Ottoman architecture in the 18th century and early 19th century which was influenced by European Baroque architecture. Preceded by the changes of the Tulip period, Tulip Period and Tulip Period architecture, the style marked a significant departure from the Classical Ottoman architecture, classical style of Ottoman architecture and introduced new Ottoman decoration, decorative forms to mostly traditional Ottoman building types. It emerged in the 1740s during the reign of Mahmud I () and its most important early monument was the Nuruosmaniye Mosque, completed in 1755. Later in the 18th century, new building types were also introduced based on European influences. The last fully Baroque monuments, such as the Nusretiye Mosque, were built by Mahmud II () in the early 19th century, but during this period new European-influenced styles were introduced and supplanted the Baroque. Background From the 18th centu ...
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Büyük Valide Han
The Büyük Valide Han () is the largest historic ''han'' (caravanserai) in Istanbul, Turkey. It was founded in 1651 by Kösem Sultan, Kösem Valide Sultan, the mother of the Ottoman Empire, Ottoman sultans Murad IV, Murat IV and Ibrahim of the Ottoman Empire, Ibrahim. History The ''han'' is located in the central historic market district that extends from the Grand Bazaar, Istanbul, Grand Bazaar to the Eminönü neighbourhood on the shore of the Golden Horn. Since the founding of the first ''bedesten'' by Mehmed the Conqueror, Mehmet II in the mid-15th century, the Grand Bazaar developed into the city's main hub of international trade, spawning entire districts of shops, warehouses, and merchant lodgings. A ''han'', a type of urban caravanserai, was a common type of commercial structure in Ottoman architecture (and more broadly in Islamic architecture, Islamic-world architecture) which served a number of functions including lodging for foreign merchants, storage for goods or ...
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Bidding
Bidding is an offer (often competitive) to set a price tag by an individual or business for a product or service ''or'' a demand that something be done. Bidding is used to determine the cost or value of something. Bidding can be performed by a person under influence of a product or service based on the context of the situation. In the context of auctions, financial transactions on international markets, or real estate, the price offer a business or individual is willing to pay is called a bid. In the context of corporate or government procurement initiatives. in Business and Law school students actively bid for high demand elective courses that have a maximum seat capacity though a course bidding process using pre allocated bidding points or e-bidding currency on course bidding systems. The price offer a business or individual is willing to sell is also called a bid. The term "bidding" is also used when placing a bet in card games. Bidding is used by various economic nich ...
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Surety
In finance, a surety , surety bond, or guaranty involves a promise by one party to assume responsibility for the debt obligation of a borrower if that borrower defaults. Usually, a surety bond or surety is a promise by a person or company (a ''surety'' or ''guarantor'') to pay one party (the ''obligee'') a certain amount if a second party (the ''principal'') fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal's failure to meet the obligation. Overview A surety bond is defined as a contract among at least three parties: * the ''obligee'': the party who is the recipient of an obligation * the ''principal'': the primary party who will perform the contractual obligation * the ''surety'': who assures the obligee that the principal can perform the task European surety bonds can be issued by banks and surety companies. If issued by banks they are called "Bank Guaranties" in English a ...
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Investor
An investor is a person who allocates financial capital with the expectation of a future Return on capital, return (profit) or to gain an advantage (interest). Through this allocated capital the investor usually purchases some species of property. Types of investments include Stock, equity, Bond (finance), debt, Security (finance), securities, real estate, infrastructure, currency, commodity, Exonumia, token, derivatives such as put and call Option (finance), options, Futures contract, futures, Forward contract, forwards, etc. This definition makes no distinction between the investors in the Primary market, primary and secondary markets. That is, someone who provides a business with capital and someone who buys a stock are both investors. An investor who owns stock is a shareholder. Types of investors There are two types of investors: retail investors and institutional investors. A ''retail investor'' is also known as an ''individual investor''. There are several sub-typ ...
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Economic History Of The Ottoman Empire
The economic history of the Ottoman Empire covers the period 1299–1923. Trade, agriculture, transportation, and religion made up the Ottoman Empire's economy. The Ottomans saw military expansion of currency, more emphasis on manufacturing and industry in the wealth-power-wealth equation, and moving towards capitalist economics comprising expanding industries and markets. They continued along the trajectory of territorial expansion, traditional monopolies, buildings, and agriculture. Transportation 16th, 17th, and 18th centuries Trade has always been an important aspect of an economy. It was no different in the 17th century. As the Ottoman Empire expanded, it started gaining control of important trade routes. The capture of Constantinople (1453) to the Ottoman Turks was a key event. Along with their victory, they now had significant control of the Silk Road, which European countries used to trade with Asia. While many sources state that the Ottoman Empire “blocked” the ...
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Armenians
Armenians (, ) are an ethnic group indigenous to the Armenian highlands of West Asia.Robert Hewsen, Hewsen, Robert H. "The Geography of Armenia" in ''The Armenian People From Ancient to Modern Times Volume I: The Dynastic Periods: From Antiquity to the Fourteenth Century''. Richard G. Hovannisian (ed.) New York: St. Martin's Press, 1997, pp. 1–17 Armenians constitute the main demographic group in Armenia and constituted the main population of the breakaway Republic of Artsakh until their Flight of Nagorno-Karabakh Armenians, subsequent flight due to the 2023 Azerbaijani offensive in Nagorno-Karabakh, 2023 Azerbaijani offensive. There is a large Armenian diaspora, diaspora of around five million people of Armenian ancestry living outside the Republic of Armenia. The largest Armenian populations exist in Armenians in Russia, Russia, the Armenian Americans, United States, Armenians in France, France, Armenians in Georgia, Georgia, Iranian Armenians, Iran, Armenians in Germany, ...
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Money Changer
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are: medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Money was historically an emergent market phenomenon that possessed intrinsic value as a commodity; nearly all contemporary money systems are based on unbacked fiat money without use value. Its value is consequently derived by social convention, having been declared by a government or regulatory entity to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the United States dollar. The money supply of a country comprises all currency in circulation (banknotes and coins currently issued) and, depending on the particular definition used, ...
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Vizier
A vizier (; ; ) is a high-ranking political advisor or Minister (government), minister in the Near East. The Abbasids, Abbasid caliphs gave the title ''wazir'' to a minister formerly called ''katib'' (secretary), who was at first merely a helper but afterwards became the representative and successor of the ''dapir'' (official scribe or secretary) of the Sasanian Empire, Sassanian kings. In modern usage, the term has been used for government Minister (government), ministers in much of the Middle East and beyond. Several alternative spellings are used in English, such as ''vizir'', ''wazir'', and ''vezir''. Etymology Vizier may be derived from the Arabic ''wazara'' (), from the Semitic root ''W-Z-R''. The word is mentioned in the Quran, where Aaron is described as the ''wazir'' (helper) of Moses, as well as the word ''wizr'' (burden) which is also derived from the same root. It was later adopted as a title, in the form of ''wazīr āl Muḥammad'' () by the proto-Shi'a leaders ...
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