Industry WIKI
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Annates
Annates ( or ; Latin: annatae, from annus, "year") were a payment from the recipient of an ecclesiastical benefice to the collating authorities. Eventually, they consisted of half or the whole of the first year's profits of a benefice; after the appropriation of the right of collation by the Roman see, they were paid to the papal treasury, ostensibly as a proffered contribution to the ch
FinanceChristian finance
Christian finance is a kind of ethical finance following Christian ethics. The notion of "Christian finance" or "Catholic finance" refers to banking and financial activities that are not widely used. Whether the activities of the Knights Templar (12th century), Mounts of Piety (appeared in 1462) or the Apostolic Chamber attached directly to the Vatican, a number of operations of a bankin
Trading basicsClericis laicos
Clericis laicos was a papal bull issued on February 5, 1296, by Pope Boniface VIII in an attempt to prevent the secular states of Europe—in particular France and England—from appropriating church revenues without the express prior permission of the pope. The two expansionist monarchies had come to blows, and the precedents for taxation of the clergy for a "just war" if it was declared a
Trading basicsGround rent
As a legal term, ground rent specifically refers to regular payments made by a holder of a leasehold property to the freeholder or a superior leaseholder, as required under a lease. In this sense, a ground rent is created when a freehold piece of land is sold on a long lease or leases. The ground rent provides an income for the landowner. In economics, ground rent is a form of economic r
Trading basicsHabendum clause
A habendum clause is a clause in a deed or lease that defines the type of interest and rights to be enjoyed by the grantee or lessee. In a deed, the habendum clause follows the granting clause and specifies the estate being conveyed, whether fee simple, life estate, leasehold, or another form of ownership interest, along with any conditions, limitations, or restrictions attached to that
Trading basicsRemittances to Nepal
Remittances to Nepal are money transfers from Nepalese workers employed outside the country to friends or relatives in Nepal and form part of the wider global remittance transfers by migrant workers back to their home countries. Remittances constitute a substantial economic pillar for Nepal. In 2023, these inward transfers were valued at an estimated US$11 billion, contributing a signifi
FinanceTax farming
Farming or tax-farming is a technique of financial management in which the management of a variable revenue stream is assigned by legal contract to a third party and the holder of the revenue stream receives fixed periodic rents from the contractor. It is most commonly used in public finance, where governments (the lessors) lease or assign the right to collect and retain the whole of th
NetworksUrbit
In computing, Urbit is a decentralized personal server platform based on functional programming in a peer-to-peer network.