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101 insolvency
Fin, Gen Mgtthe inability to pay debts when they become due. Insolvency will apply even if total assets exceed total liabilities, if those assets cannot be readily converted into cash to meet debts as they mature. Even then, insolvency may not necessarily mean business failure. Bankruptcy may be avoided through debt rescheduling or turnaround management. -
102 Beaumont, Huntingdon
SUBJECT AREA: Mining and extraction technology[br]b. c.1560 Coleorton (?), Leicestershire, Englandd. 1624 Nottingham, England[br]English speculator in coal-mining, constructor of the first surface railway in Britain.[br]Huntingdon Beaumont was a younger son of a landed family whose estates included coal-mines at Coleorton and Bedworth. From these, no doubt, originated his great expertise in coal-mining and mine management. His subsequent story is a complex one of speculation in coal mines: agreements, partnerships, and debts, and, in trying to extricate himself from the last, attempts to improve profitability, and ever-greater enterprises. He leased mines in 1601 at Wollaton, near Nottingham, and in 1603 at Strelley, which adjoins Wollaton but is further from Nottingham, where lay the market for coal. To reduce the transport cost of Strelley coal, Beaumont laid a wooden wagonway for two miles or so to Wollaton Lane End, the point at which the coal was customarily sold. In earlier times wooden railways had probably been used in mines, following practice on the European continent, but Beaumont's was the first on the surface in Britain. The market for coal in Nottingham being limited, Beaumont, with partners, attempted to send coal to London by water, but the difficult navigation of the Trent at this period made the venture uneconomic. With a view still to supplying London, c.1605 they took leases of mines near Blyth, north of Newcastle upon Tyne. Here too Beaumont built wagonways, to convey coal to the coast, but despite considerable expenditure the mines could not be made economic and Beaumont returned to Strelley. Although he worked the mine night and day, he was unable to meet the demands of his creditors, who eventually had him imprisoned for debt. He died in gaol.[br]Further ReadingR.S.Smith, 1957, "Huntingdon Beaumont. Adventurer in coal mines", Renaissance \& Modern Studies 1; Smith, 1960, "England's first rails: a reconsideration", Renaissance\& Modern Studies 4, University of Nottingham (both are well-researched papers discussing Beaumont and his wagonways).PJGR -
103 внести деньги в банк
1. deposit money in the bankкредит предоставляемый банком; открытый кредит — bank credit
2. depositing money in the bankБизнес, юриспруденция. Русско-английский словарь > внести деньги в банк
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104 назначит банк
1. nominating the bankкредит предоставляемый банком; открытый кредит — bank credit
2. nominate the bankБизнес, юриспруденция. Русско-английский словарь > назначит банк
См. также в других словарях:
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