Merchant Ships Of Cyprus
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Merchant Ships Of Cyprus
A merchant is a person who trades in goods produced by other people, especially one who trades with foreign countries. Merchants have been known for as long as humans have engaged in trade and commerce. Merchants and merchant networks operated in ancient Babylonia, Assyria, China, Egypt, Greece, India, Persia, Phoenicia and Rome. During the European medieval period, a rapid expansion in trade and commerce led to the rise of a wealthy and powerful merchant class. The European Age of Discovery opened up new trading routes and gave European consumers access to a much broader range of goods. By the 18th century, a new type of manufacturer-merchant had started to emerge and modern business practices were becoming evident. The status of the merchant has varied during different periods of history and among different societies. In modern times, the term ''merchant'' has occasionally been used to refer to a businessperson or someone undertaking activities (commercial or industrial) for t ...
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Merchant Services
Merchant services is a broad category of financial services intended for use by businesses. In its most specific use, it usually refers to merchant processing services that enables a business to accept a transaction payment through a secure (encrypted) channel using the customer's credit card or debit card or Near field communication, NFC/RFID enabled device. More generally, the term may include: * Credit card, Credit and debit cards payment processing * Check guarantee and check conversion services * Automated clearing house check drafting and payment services * Gift card and loyalty programs * Payment gateway * Payment orchestration * Merchant cash advances * Online transaction processing * Point of sale (POS) systems * Electronic benefit transfer programs, such as ration stamps (called ''food stamps'' in the U.S.). Merchant service providers work as an intermediary between the bank, a person or organisation wanting to receive funds and the person or organisation looking to pu ...
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Direct Selling
Direct selling is a business model that involves a party of people buying products from a parent organization and selling them directly to customers. It can take the form of either single-level marketing (in which a direct seller makes money purely from sales) and multi-level marketing (in which the direct seller may earn money from both direct sales to customers and by sponsoring new direct sellers and earning a commission from their efforts). According to the US Federal Trade Commission: "Direct selling is a blanket term that encompasses a variety of business forms premised on person-to-person selling in locations other than a retail establishment, such as social media platforms or the home of the salesperson or prospective customer." Modern direct selling includes sales made through the party plan, one-on-one demonstrations, and other personal contact arrangements as well as internet sales. Some sources have defined direct selling as "the direct personal presentation, ...
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Commerce
Commerce is the organized Complex system, system of activities, functions, procedures and institutions that directly or indirectly contribute to the smooth, unhindered large-scale exchange (distribution through Financial transaction, transactional processes) of goods and services, goods, services, and other things of value at the right time, place, quantity, Quality (business), quality and price through various Distribution (marketing)#Channels and intermediaries, channels among the original Economic production, producers and the final consumers within local, regional, national or international economies. The diversity in the distribution of natural resources, differences of human needs and wants, and division of labour along with comparative advantage are the principal factors that give rise to commercial exchanges. Commerce consists of trade and aids to trade (i.e. auxiliary commercial services) taking place along the entire supply chain. Trade is the exchange of goods (includi ...
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Forum Venalium
A ( ) was a food market in Ancient Rome during the Roman Republic and Roman Empire. These mercantile fora were extensions of the Roman Forum and contained numerous buildings and monuments erected under the Republic and the Empire. In his ''Politics'', Aristotle proposed that a city should have both a ''free'' square in which "no mechanic or farmer or anyone else like that may be admitted unless summoned by the authorities" and a marketplace "where buying and selling are done... in a separate place, conveniently situated for all goods sent up from the sea and brought in from the country." The Roman Forum was originally used for athletic games and trading purposes of all kinds; however, the forum became a political and banking center where bankers and brokers had their offices. The (judicial) and (mercantile) came into existence under the empire because of the growth of the city and the increase in provincial business. Maenius, one of the Censors, was chiefly instrumental in br ...
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Trajan's Forum
Trajan's Forum (; ) was the last of the Imperial fora to be constructed in ancient Rome. The architect Apollodorus of Damascus oversaw its construction. History This forum was built on the order of the emperor Trajan with the spoils of war from the conquest of Dacia, which ended in 106. The construction began between 105 and 107; according to the '' Fasti Ostienses'' the Forum was inaugurated in 112. Trajan's Column was erected and then inaugurated in 113. To build this monumental complex, extensive excavations were required: workers eliminated a ridge connecting the Quirinal and Capitoline (Campidoglio) Hills. Over 300,000 cubic meters of soil and rock were excavated and dumped outside the Porta Collina. It is possible that the excavations were initiated under Emperor Domitian, while the project of the Forum was completely attributed to the architect Apollodorus of Damascus, who also accompanied Emperor Trajan in the Dacian campaign. During the time of the constructi ...
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Forum Boarium
The Forum Boarium (, ) was the cattle market or '' forum venalium'' of ancient Rome. It was located on a level piece of land near the Tiber between the Capitoline, the Palatine and Aventine hills. As the site of the original docks of Rome () and adjacent to the Pons Aemilius, the earliest stone bridge across the Tiber, the Forum Boarium experienced intense commercial activity. History The site was a religious centre housing the Temple of Hercules Victor, the Temple of Portunus (Temple of Fortuna Virilis), and the massive 6th or 5th century BC Ara Maxima. According to legend, when Hercules arrived in this area with Geryon’s oxen, he was robbed of these by the giant Cacus, who lived in a cave at the foot of the Aventine hill. After slaying the giant, Hercules was honoured as a god by the ancient dwellers of the Palatine hill, who are said to have dedicated an altar to him. The tufa stone core of this altar is housed inside the church of Santa Maria in Cosmedin. The F ...
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Roman Forum
A forum (Latin: ''forum'', "public place outdoors", : ''fora''; English : either ''fora'' or ''forums'') was a public square in a municipium, or any civitas, of Ancient Rome reserved primarily for the vending of goods; i.e., a marketplace, along with the buildings used for shops and the stoas used for open stalls. But such fora functioned secondarily for multiple purposes, including as social meeting places for discussion. Many fora were constructed at remote locations along a road by the magistrate responsible for the road, in which case the forum was the only settlement at the site and had its own name, such as Forum Popili or Forum Livi. Functions In addition to its standard function as a marketplace, a forum was a gathering place of great social significance, and often the scene of diverse activities, including political discussions and debates, rendezvous, meetings, et cetera. In that case, it supplemented the function of a '' conciliabulum''. Every municipality () ha ...
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Agora
The agora (; , romanized: ', meaning "market" in Modern Greek) was a central public space in ancient Ancient Greece, Greek polis, city-states. The literal meaning of the word "agora" is "gathering place" or "assembly". The agora was the center of the athletic, artistic, business, social, spiritual, and political life in the city. The Ancient Agora of Athens is the best-known example. Origins Early in Greek history (10th–4th centuries BC), free-born citizens would gather in the agora for military duty or to hear statements of the ruling king or council. Later, the agora also served as a marketplace, where merchants kept stalls or shops to sell their goods amid Arcade (architecture), arcades. This attracted artisans who built workshops nearby. From these twin functions of the agora as a political and a commercial spot came the two Greek verbs , ''agorázō'', "I shop", and , ''agoreúō'', "I speak in public". Ancient Agora of Athens The Ancient Agora of Athens was situat ...
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Ancient Greece
Ancient Greece () was a northeastern Mediterranean civilization, existing from the Greek Dark Ages of the 12th–9th centuries BC to the end of classical antiquity (), that comprised a loose collection of culturally and linguistically related city-states and communities. Prior to the Roman period, most of these regions were officially unified only once under the Kingdom of Macedon from 338 to 323 BC. In Western history, the era of classical antiquity was immediately followed by the Early Middle Ages and the Byzantine period. Three centuries after the decline of Mycenaean Greece during the Bronze Age collapse, Greek urban poleis began to form in the 8th century BC, ushering in the Archaic period and the colonization of the Mediterranean Basin. This was followed by the age of Classical Greece, from the Greco-Persian Wars to the death of Alexander the Great in 323 BC, and which included the Golden Age of Athens and the Peloponnesian War. The u ...
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Trader (finance)
A trader is a person, firm, or entity in finance who buys and sells financial instruments, such as forex, cryptocurrencies, stocks, bonds, commodities, derivatives, and mutual funds, indices in the capacity of agent, hedger, arbitrager, or speculator. Duties and types The word "trader" appeared as early as 1863 in a universal dictionary as "trading man." Traders work for financial institutions as foreign exchange or securities dealers in the cash market and in the futures market, or for their own account as proprietary traders. They also include stock exchange traders, but not stockbrokers or lead brokers. Traders buy and sell financial instruments traded in the stock markets, derivatives markets and commodity markets, comprising the stock exchanges, derivatives exchanges, and the commodities exchanges. Several categories and designations for diverse kinds of traders are found in finance, including: * Bond trader. * Floor trader. *Hedge fund trader. * High-frequency trader. ...
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