factor+company

the intangible organizational asset created by employees’ cumulative emotional experiences, which give them the ability to successfully communicate and form interpersonal relationships. Emotional capital is increasingly being seen as an important factor in company performance. Low emotional capital can result in conflict between staff, poor teamwork, and poor customer relations. By contrast, high emotional capital is evidence of emotional intelligence and an ability to think and feel in a positive way that results in good interpersonal communication and selfmotivation. Related concepts are intellectual capital and social capital.

a conference at which the members of a sales team are brought together for a review or a significant announcement, such as a product launch. Sales conferences are also useful for making sure that sales representatives are fully aware of company policies, products, and support: without these, time spent with customers may be unproductive. They also play a key role in motivating sales teams and building team spirit, an important factor for people who spend most of their time working alone. In addition, conferences can be used to reward high achievement. Many organizations run annual incentive and recognition programs for sales employees, and using a national conference as the occasion for the award ceremony can confer real status on the winner and raise the profile of the program among the whole salesforce, encouraging high levels of participation and effort.

SUBJECT AREA: Chemical technology

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As well as receiving a formal education in law and literature, Lavoisier studied science under some of the leading figures of the day. This proved to be an ideal formation of the man in whom "man of science" and "public servant" were so intimately combined. His early work towards the first geological map of France and on the water supply of Paris helped to win him election to the Royal Academy of Sciences in 1768 at the youthful age of 25. In the same year he used some of his private income to buy a part-share in the "tax farm", a private company which leased from the Government the right to collect certain indirect taxes.

In 1772 Lavoisier began his researches into the related phenomena of combustion, respiration and the calcination or oxidation of metals. This culminated in the early 1780s in the overthrow of the prevailing theory, based on an imponderable combustion principle called "phlogiston", and the substitution of the modern explanation of these processes. At the same time, understanding of the nature of acids, bases and salts was placed on a sounder footing. More important, Lavoisier defined a chemical element in its modern sense and showed how it should be applied by drawing up the first modern list of the chemical elements. With the revolution in chemistry initiated by Lavoisier, chemists could begin to understand correctly the fundamental processes of their science. This understanding was the foundationo of the astonishing advance in scientific and industrial chemistry that has taken place since then. As an academician, Lavoisier was paid by the Government to carry out investigations into a wide variety of practical questions with a chemical bias, such as the manufacture of starch and the distillation of phosphorus. In 1775 Louis XVI ordered the setting up of the Gunpowder Commission to improve the supply and quality of gunpowder, deficiencies in which had hampered France's war efforts. Lavoisier was a member of the Commission and, as usual, took the leading part, drawing up its report and supervising its implementation. As a result, the industry became profitable, output increased so that France could even export powder, and the range of the powder increased by two-thirds. This was a material factor in France's war effort in the Revolution and the Napoleonic wars.

As if his chemical researches and official duties were not enough, Lavoisier began to apply his scientific principles to agriculture when he purchased an estate at Frechines, near Blois. After ten years' work on his experimental farm there, Lavoisier was able to describe his results in the memoir "Results of some agricultural experiments and reflections on their relation to political economy" (Paris, 1788), which holds historic importance in agriculture and economics. In spite of his services to the nation and to humanity, his association with the tax farm was to have tragic consequences: during the reign of terror in 1794 the Revolutionaries consigned to the guillotine all the tax farmers, including Lavoisier.

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SUBJECT AREA: Steam and internal combustion engines

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Porter graduated from Hamilton College, New York, in 1845, read law in his father's office, and in the autumn of 1847 was admitted to the Bar. He practised for six or seven years in Rochester, New York, and then in New York City. He was drawn into engineering when aged about 30, first through a client who claimed to have invented a revolutionary type of engine and offered Porter the rights to it as payment of a debt. Having lent more money, Porter saw neither the man nor the engine again. Porter followed this with a similar experience over a patent for a stone dressing machine, except this time the machine was built. It proved to be a failure, but Porter set about redesigning it and found that it was vastly improved when it ran faster. His improved machine went into production. It was while trying to get the steam engine that drove the stone dressing machine to run more smoothly that he made a discovery that formed the basis for his subsequent work.

Porter took the ordinary Watt centrifugal governor and increased the speed by a factor of about ten; although he had to reduce the size of the weights, he gained a motion that was powerful. To make the device sufficiently responsive at the right speed, he balanced the centrifugal forces by a counterweight. This prevented the weights flying outwards until the optimum speed was reached, so that the steam valves remained fully open until that point and then the weights reacted more quickly to variations in speed. He took out a patent in 1858, and its importance was quickly recognized. At first he manufactured and sold the governors himself in a specially equipped factory, because this was the only way he felt he could get sufficient accuracy to ensure a perfect action. For marine use, the counterweight was replaced by a spring.

Higher speed had brought the advantage of smoother running and so he thought that the same principles could be applied to the steam engine itself, but it was to take extensive design modifications over several years before his vision was realized. In the winter of 1860–1, J.F. Allen met Porter and sketched out his idea of a new type of steam inlet valve. Porter saw the potential of this for his high-speed engine and Allen took out patents for it in 1862. The valves were driven by a new valve gear designed by Pius Fink. Porter decided to display his engine at the International Exhibition in London in 1862, but it had to be assembled on site because the parts were finished in America only just in time to be shipped to meet the deadline. Running at 150 rpm, the engine caused a sensation, but as it was non-condensing there were few orders. Porter added condensing apparatus and, after the failure of Ormerod Grierson \& Co., entered into an agreement with Joseph Whitworth to build the engines. Four were exhibited at the 1867 Paris Exposition Universelle, but Whitworth and Porter fell out and in 1868 Porter returned to America.

Porter established another factory to build his engine in America, but he ran into all sorts of difficulties, both mechanical and financial. Some engines were built, and serious production was started c. 1874, but again there were further problems and Porter had to leave his firm. High-speed engines based on his designs continued to be made until after 1907 by the Southwark Foundry and Machine Company, Philadelphia, so Porter's ideas were proved viable and led to many other high-speed designs.

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accumulated debt накопившийся долг acknowledge a debt признавать долг assume liability for the debt брать на себя ответственность по долгам bank debt банковский долг bank debt долг банку bank debt задолженность по банковской ссуде to be in (smb.'s) debt быть (у кого-л.) в долгу; I am very much in your debt я вам очень обязан be in debt быть в долгу be in debt иметь долг bill debt долг по векселю bond debt долг по облигации business debt долг по сделке cancel a debt аннулировать долг cancelled debt списанный долг central government debt государственный долг college debt учебная задолженность company debt долг компании consolidate short-term debt консолидировать краткосрочный долг consolidated debt консолидированный долг contract a debt сделать долг contract debt брать в долг contract debt принимать на себя долг debt долг; to contract debts наделать долгов; to incur a debt, to get (или to run) into debt влезть в долги contractual debt договорной долг cumulative taking over of debt совокупное принятие долга current debt текущий долг current management of debt текущее регулирование долговых отношений customs debt таможенный долг debt (библ.) грех, прегрешение debt долг, долговое обязательство debt долг; to contract debts наделать долгов; to incur a debt, to get (или to run) into debt влезть в долги debt долг debt долговое обязательство debt долговой инструмент debt задолженность debt обязательство debt evidenced by certificates долг, подтвержденный сертификатами a bad debt безнадежный долг; debt of gratitude долг благодарности debt of honour долг чести; he is heavily in debt = он в долгу как в шелку debt of honour долг чести debt of honour карточный долг debt of record долг, установленный в судебном порядке debt service уплата капитального долга и процентов по государственному долгу service: debt debt обслуживание долга debt to banks задолженность банкам debt to be collected at the debtor's residence долг, подлежащий взысканию по месту жительства должника debt to be paid at the creditor's residence долг, подлежащий взысканию по месту жительства кредитора debt to the government задолженность правительству deferred debt отсроченный долг desperate debt безнадежный долг discharge a debt платить долг discharge a debt погасить долг doubtful debt сомнительная задолженность doubtful debt сомнительный долг established debt установленный долг executory debt долг, подлежащий взысканию external bond debt внешний долг external debt внешний долг factor a debt взыскивать долг floating debt краткосрочная задолженность floating debt неконсолидированный долг floating debt текущая задолженность floating: debt rate (of exchange) фин. свободно колеблющийся курс валюты; floating debt текущая задолженность; краткосрочный долг foreign currency debt долг в иностранной валюте foreign debt внешняя задолженность foreign national debt государственный внешний долг forgive a debt отказываться от получения долга forgive a debt прощать долг funded debt долгосрочное обязательство funded debt консолидированный долг funded debt различные виды облигаций компании funded: debt фундированный; помещенный в государственные бумаги; funded debt фундированный долг; долгосрочные государственные займы future debt будущая задолженность future debt будущее обязательство gambling debt игорный долг gambling debt карточный долг general debt общая задолженность general debt общее обязательство debt долг; to contract debts наделать долгов; to incur a debt, to get (или to run) into debt влезть в долги debt of honour долг чести; he is heavily in debt = он в долгу как в шелку heavy debt большая задолженность to be in (smb.'s) debt быть (у кого-л.) в долгу; I am very much in your debt я вам очень обязан debt долг; to contract debts наделать долгов; to incur a debt, to get (или to run) into debt влезть в долги incur a debt принимать на себя долг incur debt влезать в долг instalment debt задолженность по ссудам с рассрочкой платежа instalment on a debt частичный платеж по долгу interest on debt проценты по долгу interest-bearing debt долг под проценты internal debt внутренний долг intervention debt посреднический долг joint debt общий долг joint debt совокупный долг judgment debt долг, признанный в судебном решении judgment debt присужденный долг junior debt незначительный долг long-term debt долгосрочный долг maintenance debt задолженность по алиментам medium-term debt среднесрочная задолженность monetary debt денежный долг mortgage debt долг по ипотечному залогу mortgage debt ипотечная задолженность national debt государственный долг net external debt чистый внешний долг net foreign debt чистая сумма внешнего долга noninterest bearing debt беспроцентный долг nonprovable debt неподтверждаемый долг onerous debt обременительный долг ordinary debt обычный долг other debt прочая задолженность outstanding debt неоплаченный долг outstanding debt непогашенный долг outstanding debt неуплаченный долг outstanding debt просроченный долг outstanding: debt неуплаченный; просроченный; outstanding debt невыплаченный долг, непогашенная задолженность passive debt беспроцентный долг permanent debt консолидированный долг perpetual debt бессрочный долг petty debt мелкий долг preferential debt долг, погашаемый в первую очередь prepreferential debt долг, погашаемый в первую очередь private foreign debt внешняя задолженность частного сектора privileged debt долг, погашаемый в первую очередь provable debt банкрот. долг, который может быть доказан prove a debt банкрот. доказать наличие долга public debt государственный долг public: debt peace общественный порядок; public debt государственный долг recover debt взыскивать долг reduce a debt уменьшать долг release from debt освобождать от уплаты долга remaining debt остаток долга remit a debt освобождать от уплаты долга repay a debt погашать долг residual debt остаток долга secured debt долг, гарантированный залогом активов secured debt обеспеченный долг senior debt долг, погашаемый в первую очередь service a debt обслуживать долг service debt погашать долг short-term debt краткосрочный долг single debt безусловное денежное обязательство specialty debt долг по документу за печатью state debt государственный долг statute-barred debt долг, не имеющий исковой силы вследствие истечения срока давности straight debt долг, не покрытый обеспечением study debt ссуда на научные исследования subordinate debt второстепенный долг subordinated debt субординированный долг tax debt задолженность по налогам total debt общая задолженность total debt общая сумма долга trade debt задолженность по торговым операциям unascertained debt неустановленный долг unpaid debt неуплаченный долг unsecured debt необеспеченный долг