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1 technical changes
Экономика: технические изменения -
2 technical changes
English-russian dctionary of contemporary Economics > technical changes
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3 technical analysis
бирж. технический анализ (прогнозирование движения цен исключительно на основе анализа графиков изменения цен и объемов торговли для выявления и предугадывания повторяемости (чартизм); не имеет теоретической основы; большинство финансовых теорий утверждают, что технический анализ не может принести прибыли на эффективном рынке)Syn:See:random walk, chartism, fundamental analysis, accumulation/distribution line, bearish engulfing pattern, break above, break below, breakout, buy signal, sell signal, advance-decline index, Swing Index, Anaume, Average Directional Movement Index, Chaikin oscillator, closing tick, tick-by-tick
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technical research technical analysis технический анализ рыночной конъюнктуры: система методов анализа и прогнозирования тенденций движения цен фьючерских товарных контрактов и финансовых инструментов, их разброса и устойчивости, объема операций и др. характеристик; важной частью технического анализа является анализ графиков изменения цен и объемов торговли на предмет повторяемости (чартизм); в отличие от фундаментального анализа технический анализ не рассматривает финансовое положение компаний-эмитентов ценных бумаг; см. advance-decline;chartism 1;dip;flag;gap;* * *. Анализ ценных бумаг, целью которого является выявление и объяснение тенденций движения цен на основе статистических данных . An approach to analysis of futures markets which examines patterns of price change, rates of change, and changes in volume of trading, open interest and other statistical indicators. See also Charting. Инвестиционная деятельность . -
4 IOC technical manuals (TM)
технические руководства МОК
Технические руководства определяют подробные технические обязанности оргкомитетов Олимпийских игр. Эти документы содержат информацию о планировании, процедурах и процессах, а также проверенную практику, относящуюся к той или иной функции организации Игр. Они могут также содержать информацию, ориентированную на клиентов или Олимпийские объекты, относящуюся к данной функции. При необходимости в Технические руководства вносятся изменения после проведения каждых Игр. Существенные изменения и их содержание должны быть утверждены не позднее чем в течение 6 месяцев после проведения Игр. Технические руководства тесно связаны с другими основными документами МОК, такими, как Контракт о городе-организаторе и Олимпийская хартия.
[Департамент лингвистических услуг Оргкомитета «Сочи 2014». Глоссарий терминов]EN
IOC technical manuals (TM)
Technical Manuals provide detailed technical obligations for the Olympic Games organizing committees. These documents contain planning information, procedures and processes, as well as proven practices regarding a function of the Games organization. They may also contain client or venue oriented information relevant to the function. Technical Manuals are modified when necessary after each edition of the Games. Substantial changes to their content should be approved no later than 6 months after the Games. Technical Manuals relate closely to other key IOC documents, such as the Host City Contract and the Olympic Charter.
[Департамент лингвистических услуг Оргкомитета «Сочи 2014». Глоссарий терминов]Тематики
EN
Англо-русский словарь нормативно-технической терминологии > IOC technical manuals (TM)
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5 change
1. n1) перемена, изменение; замена3) сдача4) мелочь, мелкие деньги5) биржа
- cyclical changes
- design changes
- dimensional change
- engineering change
- environmental change
- fundamental change
- gradual change
- insignificant change
- inventory change
- irregular changes
- long-term change
- loose change
- major change
- marginal changes
- market changes
- merchandising change
- monetary changes
- net change
- net change in business inventory
- noticeable changes
- one-sided change
- operational changes
- parameter change
- partial change
- persistent change
- population change
- prescribed change
- price change
- programme change
- progressive change
- pronounced change
- proportional change
- prospective changes
- quality change
- qualitative change
- quantitative change
- radical changes
- random change
- rapid change
- rate change
- regular changes
- sharp change
- salary change
- slight change
- social changes
- staff changes
- step change
- strategic change
- structural change
- subsequent changes
- sudden change
- sweeping changes
- technical changes
- technological changes
- territorial changes
- unilateral change
- volumetric change
- zone change
- change in the cost
- change in the exchange rate
- change in the index
- change in liquidity
- change in the market
- change in position
- changes in prices
- change in process
- changes in the programme
- change in quality
- change in the staff
- changes in taxation
- change in values
- change of address
- change of domicile
- change of employment
- change of flight
- change of the law
- change of market sentiment
- change of occupation
- change of personnel
- change of place of work
- change of population
- change of position
- change of rates
- change of residence
- change of schedule
- change of state
- change of timetable
- change of title
- change of voyage
- changes to the taxation of oil products
- on change
- subject to change without notice
- without any changes
- effect changes
- effect structural changes
- entail changes
- hinder changes
- introduce changes
- involve changes
- undergo changes
- make changes2. v1) менять, изменять; меняться, изменяться2) обменивать
- change overEnglish-russian dctionary of contemporary Economics > change
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6 Economy
Portugal's economy, under the influence of the European Economic Community (EEC), and later with the assistance of the European Union (EU), grew rapidly in 1985-86; through 1992, the average annual growth was 4-5 percent. While such growth rates did not last into the late 1990s, portions of Portugal's society achieved unprecedented prosperity, although poverty remained entrenched. It is important, however, to place this current growth, which includes some not altogether desirable developments, in historical perspective. On at least three occasions in this century, Portugal's economy has experienced severe dislocation and instability: during the turbulent First Republic (1911-25); during the Estado Novo, when the world Depression came into play (1930-39); and during the aftermath of the Revolution of 25 April, 1974. At other periods, and even during the Estado Novo, there were eras of relatively steady growth and development, despite the fact that Portugal's weak economy lagged behind industrialized Western Europe's economies, perhaps more than Prime Minister Antônio de Oliveira Salazar wished to admit to the public or to foreigners.For a number of reasons, Portugal's backward economy underwent considerable growth and development following the beginning of the colonial wars in Africa in early 1961. Recent research findings suggest that, contrary to the "stagnation thesis" that states that the Estado Novo economy during the last 14 years of its existence experienced little or no growth, there were important changes, policy shifts, structural evolution, and impressive growth rates. In fact, the average annual gross domestic product (GDP) growth rate (1961-74) was about 7 percent. The war in Africa was one significant factor in the post-1961 economic changes. The new costs of finance and spending on the military and police actions in the African and Asian empires in 1961 and thereafter forced changes in economic policy.Starting in 1963-64, the relatively closed economy was opened up to foreign investment, and Lisbon began to use deficit financing and more borrowing at home and abroad. Increased foreign investment, residence, and technical and military assistance also had effects on economic growth and development. Salazar's government moved toward greater trade and integration with various international bodies by signing agreements with the European Free Trade Association and several international finance groups. New multinational corporations began to operate in the country, along with foreign-based banks. Meanwhile, foreign tourism increased massively from the early 1960s on, and the tourism industry experienced unprecedented expansion. By 1973-74, Portugal received more than 8 million tourists annually for the first time.Under Prime Minister Marcello Caetano, other important economic changes occurred. High annual economic growth rates continued until the world energy crisis inflation and a recession hit Portugal in 1973. Caetano's system, through new development plans, modernized aspects of the agricultural, industrial, and service sectors and linked reform in education with plans for social change. It also introduced cadres of forward-looking technocrats at various levels. The general motto of Caetano's version of the Estado Novo was "Evolution with Continuity," but he was unable to solve the key problems, which were more political and social than economic. As the boom period went "bust" in 1973-74, and growth slowed greatly, it became clear that Caetano and his governing circle had no way out of the African wars and could find no easy compromise solution to the need to democratize Portugal's restive society. The economic background of the Revolution of 25 April 1974 was a severe energy shortage caused by the world energy crisis and Arab oil boycott, as well as high general inflation, increasing debts from the African wars, and a weakening currency. While the regime prescribed greater Portuguese investment in Africa, in fact Portuguese businesses were increasingly investing outside of the escudo area in Western Europe and the United States.During the two years of political and social turmoil following the Revolution of 25 April 1974, the economy weakened. Production, income, reserves, and annual growth fell drastically during 1974-76. Amidst labor-management conflict, there was a burst of strikes, and income and productivity plummeted. Ironically, one factor that cushioned the economic impact of the revolution was the significant gold reserve supply that the Estado Novo had accumulated, principally during Salazar's years. Another factor was emigration from Portugal and the former colonies in Africa, which to a degree reduced pressures for employment. The sudden infusion of more than 600,000 refugees from Africa did increase the unemployment rate, which in 1975 was 10-15 percent. But, by 1990, the unemployment rate was down to about 5-6 percent.After 1985, Portugal's economy experienced high growth rates again, which averaged 4-5 percent through 1992. Substantial economic assistance from the EEC and individual countries such as the United States, as well as the political stability and administrative continuity that derived from majority Social Democratic Party (PSD) governments starting in mid-1987, supported new growth and development in the EEC's second poorest country. With rapid infrastruc-tural change and some unregulated development, Portugal's leaders harbored a justifiable concern that a fragile environment and ecology were under new, unacceptable pressures. Among other improvements in the standard of living since 1974 was an increase in per capita income. By 1991, the average minimum monthly wage was about 40,000 escudos, and per capita income was about $5,000 per annum. By the end of the 20th century, despite continuing poverty at several levels in Portugal, Portugal's economy had made significant progress. In the space of 15 years, Portugal had halved the large gap in living standards between itself and the remainder of the EU. For example, when Portugal joined the EU in 1986, its GDP, in terms of purchasing power-parity, was only 53 percent of the EU average. By 2000, Portugal's GDP had reached 75 percent of the EU average, a considerable achievement. Whether Portugal could narrow this gap even further in a reasonable amount of time remained a sensitive question in Lisbon. Besides structural poverty and the fact that, in 2006, the EU largesse in structural funds (loans and grants) virtually ceased, a major challenge for Portugal's economy will be to reduce the size of the public sector (about 50 percent of GDP is in the central government) to increase productivity, attract outside investment, and diversify the economy. For Portugal's economic planners, the 21st century promises to be challenging. -
7 near cash
!гос. фин. The resource budget contains a separate control total for “near cash” expenditure, that is expenditure such as pay and current grants which impacts directly on the measure of the golden rule.This paper provides background information on the framework for the planning and control of public expenditure in the UK which has been operated since the 1998 Comprehensive Spending Review (CSR). It sets out the different classifications of spending for budgeting purposes and why these distinctions have been adopted. It discusses how the public expenditure framework is designed to ensure both sound public finances and an outcome-focused approach to public expenditure.The UK's public spending framework is based on several key principles:"consistency with a long-term, prudent and transparent regime for managing the public finances as a whole;" "the judgement of success by policy outcomes rather than resource inputs;" "strong incentives for departments and their partners in service delivery to plan over several years and plan together where appropriate so as to deliver better public services with greater cost effectiveness; and"the proper costing and management of capital assets to provide the right incentives for public investment.The Government sets policy to meet two firm fiscal rules:"the Golden Rule states that over the economic cycle, the Government will borrow only to invest and not to fund current spending; and"the Sustainable Investment Rule states that net public debt as a proportion of GDP will be held over the economic cycle at a stable and prudent level. Other things being equal, net debt will be maintained below 40 per cent of GDP over the economic cycle.Achievement of the fiscal rules is assessed by reference to the national accounts, which are produced by the Office for National Statistics, acting as an independent agency. The Government sets its spending envelope to comply with these fiscal rules.Departmental Expenditure Limits ( DEL) and Annually Managed Expenditure (AME)"Departmental Expenditure Limit ( DEL) spending, which is planned and controlled on a three year basis in Spending Reviews; and"Annually Managed Expenditure ( AME), which is expenditure which cannot reasonably be subject to firm, multi-year limits in the same way as DEL. AME includes social security benefits, local authority self-financed expenditure, debt interest, and payments to EU institutions.More information about DEL and AME is set out below.In Spending Reviews, firm DEL plans are set for departments for three years. To ensure consistency with the Government's fiscal rules departments are set separate resource (current) and capital budgets. The resource budget contains a separate control total for “near cash” expenditure, that is expenditure such as pay and current grants which impacts directly on the measure of the golden rule.To encourage departments to plan over the medium term departments may carry forward unspent DEL provision from one year into the next and, subject to the normal tests for tautness and realism of plans, may be drawn down in future years. This end-year flexibility also removes any incentive for departments to use up their provision as the year end approaches with less regard to value for money. For the full benefits of this flexibility and of three year plans to feed through into improved public service delivery, end-year flexibility and three year budgets should be cascaded from departments to executive agencies and other budget holders.Three year budgets and end-year flexibility give those managing public services the stability to plan their operations on a sensible time scale. Further, the system means that departments cannot seek to bid up funds each year (before 1997, three year plans were set and reviewed in annual Public Expenditure Surveys). So the credibility of medium-term plans has been enhanced at both central and departmental level.Departments have certainty over the budgetary allocation over the medium term and these multi-year DEL plans are strictly enforced. Departments are expected to prioritise competing pressures and fund these within their overall annual limits, as set in Spending Reviews. So the DEL system provides a strong incentive to control costs and maximise value for money.There is a small centrally held DEL Reserve. Support from the Reserve is available only for genuinely unforeseeable contingencies which departments cannot be expected to manage within their DEL.AME typically consists of programmes which are large, volatile and demand-led, and which therefore cannot reasonably be subject to firm multi-year limits. The biggest single element is social security spending. Other items include tax credits, Local Authority Self Financed Expenditure, Scottish Executive spending financed by non-domestic rates, and spending financed from the proceeds of the National Lottery.AME is reviewed twice a year as part of the Budget and Pre-Budget Report process reflecting the close integration of the tax and benefit system, which was enhanced by the introduction of tax credits.AME is not subject to the same three year expenditure limits as DEL, but is still part of the overall envelope for public expenditure. Affordability is taken into account when policy decisions affecting AME are made. The Government has committed itself not to take policy measures which are likely to have the effect of increasing social security or other elements of AME without taking steps to ensure that the effects of those decisions can be accommodated prudently within the Government's fiscal rules.Given an overall envelope for public spending, forecasts of AME affect the level of resources available for DEL spending. Cautious estimates and the AME margin are built in to these AME forecasts and reduce the risk of overspending on AME.Together, DEL plus AME sum to Total Managed Expenditure (TME). TME is a measure drawn from national accounts. It represents the current and capital spending of the public sector. The public sector is made up of central government, local government and public corporations.Resource and Capital Budgets are set in terms of accruals information. Accruals information measures resources as they are consumed rather than when the cash is paid. So for example the Resource Budget includes a charge for depreciation, a measure of the consumption or wearing out of capital assets."Non cash charges in budgets do not impact directly on the fiscal framework. That may be because the national accounts use a different way of measuring the same thing, for example in the case of the depreciation of departmental assets. Or it may be that the national accounts measure something different: for example, resource budgets include a cost of capital charge reflecting the opportunity cost of holding capital; the national accounts include debt interest."Within the Resource Budget DEL, departments have separate controls on:"Near cash spending, the sub set of Resource Budgets which impacts directly on the Golden Rule; and"The amount of their Resource Budget DEL that departments may spend on running themselves (e.g. paying most civil servants’ salaries) is limited by Administration Budgets, which are set in Spending Reviews. Administration Budgets are used to ensure that as much money as practicable is available for front line services and programmes. These budgets also help to drive efficiency improvements in departments’ own activities. Administration Budgets exclude the costs of frontline services delivered directly by departments.The Budget preceding a Spending Review sets an overall envelope for public spending that is consistent with the fiscal rules for the period covered by the Spending Review. In the Spending Review, the Budget AME forecast for year one of the Spending Review period is updated, and AME forecasts are made for the later years of the Spending Review period.The 1998 Comprehensive Spending Review ( CSR), which was published in July 1998, was a comprehensive review of departmental aims and objectives alongside a zero-based analysis of each spending programme to determine the best way of delivering the Government's objectives. The 1998 CSR allocated substantial additional resources to the Government's key priorities, particularly education and health, for the three year period from 1999-2000 to 2001-02.Delivering better public services does not just depend on how much money the Government spends, but also on how well it spends it. Therefore the 1998 CSR introduced Public Service Agreements (PSAs). Each major government department was given its own PSA setting out clear targets for achievements in terms of public service improvements.The 1998 CSR also introduced the DEL/ AME framework for the control of public spending, and made other framework changes. Building on the investment and reforms delivered by the 1998 CSR, successive spending reviews in 2000, 2002 and 2004 have:"provided significant increase in resources for the Government’s priorities, in particular health and education, and cross-cutting themes such as raising productivity; extending opportunity; and building strong and secure communities;" "enabled the Government significantly to increase investment in public assets and address the legacy of under investment from past decades. Departmental Investment Strategies were introduced in SR2000. As a result there has been a steady increase in public sector net investment from less than ¾ of a per cent of GDP in 1997-98 to 2¼ per cent of GDP in 2005-06, providing better infrastructure across public services;" "introduced further refinements to the performance management framework. PSA targets have been reduced in number over successive spending reviews from around 300 to 110 to give greater focus to the Government’s highest priorities. The targets have become increasingly outcome-focused to deliver further improvements in key areas of public service delivery across Government. They have also been refined in line with the conclusions of the Devolving Decision Making Review to provide a framework which encourages greater devolution and local flexibility. Technical Notes were introduced in SR2000 explaining how performance against each PSA target will be measured; and"not only allocated near cash spending to departments, but also – since SR2002 - set Resource DEL plans for non cash spending.To identify what further investments and reforms are needed to equip the UK for the global challenges of the decade ahead, on 19 July 2005 the Chief Secretary to the Treasury announced that the Government intends to launch a second Comprehensive Spending Review (CSR) reporting in 2007.A decade on from the first CSR, the 2007 CSR will represent a long-term and fundamental review of government expenditure. It will cover departmental allocations for 2008-09, 2009-10 and 2010 11. Allocations for 2007-08 will be held to the agreed figures already announced by the 2004 Spending Review. To provide a rigorous analytical framework for these departmental allocations, the Government will be taking forward a programme of preparatory work over 2006 involving:"an assessment of what the sustained increases in spending and reforms to public service delivery have achieved since the first CSR. The assessment will inform the setting of new objectives for the decade ahead;" "an examination of the key long-term trends and challenges that will shape the next decade – including demographic and socio-economic change, globalisation, climate and environmental change, global insecurity and technological change – together with an assessment of how public services will need to respond;" "to release the resources needed to address these challenges, and to continue to secure maximum value for money from public spending over the CSR period, a set of zero-based reviews of departments’ baseline expenditure to assess its effectiveness in delivering the Government’s long-term objectives; together with"further development of the efficiency programme, building on the cross cutting areas identified in the Gershon Review, to embed and extend ongoing efficiency savings into departmental expenditure planning.The 2007 CSR also offers the opportunity to continue to refine the PSA framework so that it drives effective delivery and the attainment of ambitious national standards.Public Service Agreements (PSAs) were introduced in the 1998 CSR. They set out agreed targets detailing the outputs and outcomes departments are expected to deliver with the resources allocated to them. The new spending regime places a strong emphasis on outcome targets, for example in providing for better health and higher educational standards or service standards. The introduction in SR2004 of PSA ‘standards’ will ensure that high standards in priority areas are maintained.The Government monitors progress against PSA targets, and departments report in detail twice a year in their annual Departmental Reports (published in spring) and in their autumn performance reports. These reports provide Parliament and the public with regular updates on departments’ performance against their targets.Technical Notes explain how performance against each PSA target will be measured.To make the most of both new investment and existing assets, there needs to be a coherent long term strategy against which investment decisions are taken. Departmental Investment Strategies (DIS) set out each department's plans to deliver the scale and quality of capital stock needed to underpin its objectives. The DIS includes information about the department's existing capital stock and future plans for that stock, as well as plans for new investment. It also sets out the systems that the department has in place to ensure that it delivers its capital programmes effectively.This document was updated on 19 December 2005.Near-cash resource expenditure that has a related cash implication, even though the timing of the cash payment may be slightly different. For example, expenditure on gas or electricity supply is incurred as the fuel is used, though the cash payment might be made in arrears on aquarterly basis. Other examples of near-cash expenditure are: pay, rental.Net cash requirement the upper limit agreed by Parliament on the cash which a department may draw from theConsolidated Fund to finance the expenditure within the ambit of its Request forResources. It is equal to the agreed amount of net resources and net capital less non-cashitems and working capital.Non-cash cost costs where there is no cash transaction but which are included in a body’s accounts (or taken into account in charging for a service) to establish the true cost of all the resourcesused.Non-departmental a body which has a role in the processes of government, but is not a government public body, NDPBdepartment or part of one. NDPBs accordingly operate at arm’s length from governmentMinisters.Notional cost of a cost which is taken into account in setting fees and charges to improve comparability with insuranceprivate sector service providers.The charge takes account of the fact that public bodies donot generally pay an insurance premium to a commercial insurer.the independent body responsible for collecting and publishing official statistics about theUK’s society and economy. (At the time of going to print legislation was progressing tochange this body to the Statistics Board).Office of Government an office of the Treasury, with a status similar to that of an agency, which aims to maximise Commerce, OGCthe government’s purchasing power for routine items and combine professional expertiseto bear on capital projects.Office of the the government department responsible for discharging the Paymaster General’s statutoryPaymaster General,responsibilities to hold accounts and make payments for government departments and OPGother public bodies.Orange bookthe informal title for Management of Risks: Principles and Concepts, which is published by theTreasury for the guidance of public sector bodies.Office for NationalStatistics, ONS60Managing Public Money————————————————————————————————————————"GLOSSARYOverdraftan account with a negative balance.Parliament’s formal agreement to authorise an activity or expenditure.Prerogative powerspowers exercisable under the Royal Prerogative, ie powers which are unique to the Crown,as contrasted with common-law powers which may be available to the Crown on the samebasis as to natural persons.Primary legislationActs which have been passed by the Westminster Parliament and, where they haveappropriate powers, the Scottish Parliament and the Northern Ireland Assembly. Begin asBills until they have received Royal Assent.arrangements under which a public sector organisation contracts with a private sectorentity to construct a facility and provide associated services of a specified quality over asustained period. See annex 7.5.Proprietythe principle that patterns of resource consumption should respect Parliament’s intentions,conventions and control procedures, including any laid down by the PAC. See box 2.4.Public Accountssee Committee of Public Accounts.CommitteePublic corporationa trading body controlled by central government, local authority or other publiccorporation that has substantial day to day operating independence. See section 7.8.Public Dividend finance provided by government to public sector bodies as an equity stake; an alternative to Capital, PDCloan finance.Public Service sets out what the public can expect the government to deliver with its resources. EveryAgreement, PSAlarge government department has PSA(s) which specify deliverables as targets or aimsrelated to objectives.a structured arrangement between a public sector and a private sector organisation tosecure an outcome delivering good value for money for the public sector. It is classified tothe public or private sector according to which has more control.Rate of returnthe financial remuneration delivered by a particular project or enterprise, expressed as apercentage of the net assets employed.Regularitythe principle that resource consumption should accord with the relevant legislation, therelevant delegated authority and this document. See box 2.4.Request for the functional level into which departmental Estimates may be split. RfRs contain a number Resources, RfRof functions being carried out by the department in pursuit of one or more of thatdepartment’s objectives.Resource accountan accruals account produced in line with the Financial Reporting Manual (FReM).Resource accountingthe system under which budgets, Estimates and accounts are constructed in a similar wayto commercial audited accounts, so that both plans and records of expenditure allow in fullfor the goods and services which are to be, or have been, consumed – ie not just the cashexpended.Resource budgetthe means by which the government plans and controls the expenditure of resources tomeet its objectives.Restitutiona legal concept which allows money and property to be returned to its rightful owner. Ittypically operates where another person can be said to have been unjustly enriched byreceiving such monies.Return on capital the ratio of profit to capital employed of an accounting entity during an identified period.employed, ROCEVarious measures of profit and of capital employed may be used in calculating the ratio.Public Privatepartnership, PPPPrivate Finance Initiative, PFIParliamentaryauthority61Managing Public Money"————————————————————————————————————————GLOSSARYRoyal charterthe document setting out the powers and constitution of a corporation established underprerogative power of the monarch acting on Privy Council advice.Second readingthe second formal time that a House of Parliament may debate a bill, although in practicethe first substantive debate on its content. If successful, it is deemed to denoteParliamentary approval of the principle of the proposed legislation.Secondary legislationlaws, including orders and regulations, which are made using powers in primary legislation.Normally used to set out technical and administrative provision in greater detail thanprimary legislation, they are subject to a less intense level of scrutiny in Parliament.European legislation is,however,often implemented in secondary legislation using powers inthe European Communities Act 1972.Service-level agreement between parties, setting out in detail the level of service to be performed.agreementWhere agreements are between central government bodies, they are not legally a contractbut have a similar function.Shareholder Executive a body created to improve the government’s performance as a shareholder in businesses.Spending reviewsets out the key improvements in public services that the public can expect over a givenperiod. It includes a thorough review of departmental aims and objectives to find the bestway of delivering the government’s objectives, and sets out the spending plans for the givenperiod.State aidstate support for a domestic body or company which could distort EU competition and sois not usually allowed. See annex 4.9.Statement of Excessa formal statement detailing departments’ overspends prepared by the Comptroller andAuditor General as a result of undertaking annual audits.Statement on Internal an annual statement that Accounting Officers are required to make as part of the accounts Control, SICon a range of risk and control issues.Subheadindividual elements of departmental expenditure identifiable in Estimates as single cells, forexample cell A1 being administration costs within a particular line of departmental spending.Supplyresources voted by Parliament in response to Estimates, for expenditure by governmentdepartments.Supply Estimatesa statement of the resources the government needs in the coming financial year, and forwhat purpose(s), by which Parliamentary authority is sought for the planned level ofexpenditure and income.Target rate of returnthe rate of return required of a project or enterprise over a given period, usually at least a year.Third sectorprivate sector bodies which do not act commercially,including charities,social and voluntaryorganisations and other not-for-profit collectives. See annex 7.7.Total Managed a Treasury budgeting term which covers all current and capital spending carried out by the Expenditure,TMEpublic sector (ie not just by central departments).Trading fundan organisation (either within a government department or forming one) which is largely orwholly financed from commercial revenue generated by its activities. Its Estimate shows itsnet impact, allowing its income from receipts to be devoted entirely to its business.Treasury Minutea formal administrative document drawn up by the Treasury, which may serve a wide varietyof purposes including seeking Parliamentary approval for the use of receipts asappropriations in aid, a remission of some or all of the principal of voted loans, andresponding on behalf of the government to reports by the Public Accounts Committee(PAC).62Managing Public Money————————————————————————————————————————GLOSSARY63Managing Public MoneyValue for moneythe process under which organisation’s procurement, projects and processes aresystematically evaluated and assessed to provide confidence about suitability, effectiveness,prudence,quality,value and avoidance of error and other waste,judged for the public sectoras a whole.Virementthe process through which funds are moved between subheads such that additionalexpenditure on one is met by savings on one or more others.Votethe process by which Parliament approves funds in response to supply Estimates.Voted expenditureprovision for expenditure that has been authorised by Parliament. Parliament ‘votes’authority for public expenditure through the Supply Estimates process. Most expenditureby central government departments is authorised in this way.Wider market activity activities undertaken by central government organisations outside their statutory duties,using spare capacity and aimed at generating a commercial profit. See annex 7.6.Windfallmonies received by a department which were not anticipated in the spending review.———————————————————————————————————————— -
8 personnel
nкадры, личный состав, сотрудники, персонал- armed forces personnelto train personnel — обучать / готовить личный состав
- auxiliary personnel
- briefing of personnel
- changes in personnel
- counterpart personnel
- deployment of personnel - engineering and technical personnel
- executive personnel
- experienced personnel
- field service personnel
- fixed-term personnel
- high-level personnel
- in charge of personnel
- international personnel
- junior personnel
- key personnel
- leading personnel
- liaison personnel
- local personnel
- locally recruited personnel
- managerial personnel
- migration of trained personnel
- military personnel
- office and management personnel
- officer personnel
- operating personnel
- operational, executive and administrative personnel
- OPEX
- outflow of qualified professional personnel
- placement of personnel
- project personnel
- qualified personnel
- regular personnel
- research and educational personnel
- scientific and technical personnel
- security personnel
- senior personnel
- service personnel
- skilled personnel
- support personnel
- technical assistance personnel
- trade personnel
- trained personnel -
9 Brinell, Johann August
SUBJECT AREA: Metallurgy[br]b. 1849 Småland, Swedend. 17 November 1925 Stockholm, Sweden[br]Swedish metallurgist, inventor of the well-known method of hardness measurement which uses a steel-ball indenter.[br]Brinell graduated as an engineer from Boräs Technical School, and his interest in metallurgy began to develop in 1875 when he became an engineer at the ironworks of Lesjöfors and came under the influence of Gustaf Ekman. In 1882 he was appointed Chief Engineer at the Fagersta Ironworks, where he became one of Sweden's leading experts in the manufacture and heat treatment of tool steels.His reputation in this field was established in 1885 when he published a paper on the structural changes which occurred in steels when they were heated and cooled, and he was among the first to recognize and define the critical points of steel and their importance in heat treatment. Some of these preliminary findings were first exhibited at Stockholm in 1897. His exhibit at the World Exhibition at Paris in 1900 was far more detailed and there he displayed for the first time his method of hardness determination using a steel-ball indenter. For these contributions he was awarded the French Grand Prix and also the Polhem Prize of the Swedish Technical Society.He was later concerned with evaluating and developing the iron-ore deposits of north Sweden and was one of the pioneers of the electric blast-furnace. In 1903 he became Chief Engineer of the Jernkontoret and remained there until 1914. In this capacity and as Editor of the Jernkontorets Annaler he made significant contributions to Swedish metallurgy. His pioneer work on abrasion resistance, undertaken long before the term tribology had been invented, gained him the Rinman Medal, awarded by the Jernkontoret in 1920.[br]Principal Honours and DistinctionsMember of the Swedish Academy of Science 1902. Dr Honoris Causa, University of Upsala 1907. French Grand Prix, Paris World Exhibition 1900; Swedish Technical Society Polhem Prize 1900; Iron and Steel Institute Bessemer Medal 1907; Jernkontorets Rinman Medal 1920.Further ReadingAxel Wahlberg, 1901, Journal of the Iron and Steel Institute 59:243 (the first English-language description of the Brinell Hardness Test).Machinery's Encyclopedia, 1917, Vol. III, New York: Industrial Press, pp. 527–40 (a very readable account of the Brinell test in relation to the other hardness tests available at the beginning of the twentieth century).Hardness Test Research Committee, 1916, Bibliography on hardness testing, Proceedings of the Institution of Mechanical Engineers.ASD -
10 Hetzel, Max
[br]b. 5 March 1921 Basle, Switzerland[br]Swiss electrical engineer who invented the tuning-fork watch.[br]Hetzel trained as an electrical engineer at the Federal Polytechnic in Zurich and worked for several years in the field of telecommunications before joining the Bulova Watch Company in 1950. At that time several companies were developing watches with electromagnetically maintained balances, but they represented very little advance on the mechanical watch and the mechanical switching mechanism was unreliable. In 1952 Hetzel started work on a much more radical design which was influenced by a transistorized tuning-fork oscillator that he had developed when he was working on telecommunications. Tuning forks, whose vibrations were maintained electromagnetically, had been used by scientists during the nineteenth century to measure small intervals of time, but Niaudet- Breguet appears to have been the first to use a tuning fork to control a clock. In 1866 he described a mechanically operated tuning-fork clock manufactured by the firm of Breguet, but it was not successful, possibly because the fork did not compensate for changes in temperature. The tuning fork only became a precision instrument during the 1920s, when elinvar forks were maintained in vibration by thermionic valve circuits. Their primary purpose was to act as frequency standards, but they might have been developed into precision clocks had not the quartz clock made its appearance very shortly afterwards. Hetzel's design was effectively a miniaturized version of these precision devices, with a transistor replacing the thermionic valve. The fork vibrated at a frequency of 360 cycles per second, and the hands were driven mechanically from the end of one of the tines. A prototype was working by 1954, and the watch went into production in 1960. It was sold under the tradename Accutron, with a guaranteed accuracy of one minute per month: this was a considerable improvement on the performance of the mechanical watch. However, the events of the 1920s were to repeat themselves, and by the end of the decade the Accutron was eclipsed by the introduction of quartz-crystal watches.[br]Principal Honours and DistinctionsNeuchâtel Observatory Centenary Prize 1958. Swiss Society for Chronometry Gold Medal 1988.Bibliography"The history of the “Accutron” tuning fork watch", 1969, Swiss Watch \& Jewellery Journal 94:413–5.Further ReadingR.Good, 1960, "The Accutron", Horological Journal 103:346–53 (for a detailed technical description).J.D.Weaver, 1982, Electrical \& Electronic Clocks \& Watches, London (provides a technical description of the tuning-fork watch in its historical context).DV -
11 Riefler, Sigmund
SUBJECT AREA: Horology[br]b. 9 August 1847 Maria Rain, Germanyd. 21 October 1912 Munich, Germany[br]German engineer who invented the precision clock that bears his name.[br]Riefler's father was a scientific-instrument maker and clockmaker who in 1841 had founded the firm of Clemens Riefler to make mathematical instruments. After graduating in engineering from the University of Munich Sigmund worked as a surveyor, but when his father died in 1876 he and his brothers ran the family firm. Sigmund was responsible for technical development and in this capacity he designed a new system of drawing-instruments which established the reputation of the firm. He also worked to improve the performance of the precision clock, and in 1889 he was granted a patent for a new form of escapement. This escapement succeeded in reducing the interference of the clock mechanism with the free swinging of the pendulum by impulsing the pendulum through its suspension strip. It proved to be the greatest advance in precision timekeeping since the introduction of the dead-beat escapement about two hundred years earlier. When the firm of Clemens Riefler began to produce clocks with this escapement in 1890, they replaced clocks with Graham's dead-beat escapement as the standard regulator for use in observatories and other applications where the highest precision was required. In 1901 a movement was fitted with electrical rewind and was encapsulated in an airtight case, at low pressure, so that the timekeeping was not affected by changes in barometric pressure. This became the standard practice for precision clocks. Although the accuracy of the Riefler clock was later surpassed by the Shortt free-pendulum clock and the quartz clock, it remained in production until 1965, by which time over six hundred instruments had been made.[br]Principal Honours and DistinctionsFranklin Institute John Scott Medal 1894. Honorary doctorate, University of Munich 1897. Vereins zur Förderung des Gewerbefleisses in Preussen Gold Medal 1900.Bibliography1907, Präzisionspendeluhren und Zeitdienstanlagen fürSternwarten, Munich (for a complete bibliography see D.Riefler below).Further ReadingD.Riefler, 1981, Riefler-Präzisionspendeluhren, Munich (the definitive work on Riefler and his clock).A.L.Rawlings, 1948, The Science of Clocks and Watches, 2nd edn; repub. 1974 (a technical assessment of the Riefler escapement in its historical context).See also: Marrison, Warren AlvinDV -
12 TLC
1) Общая лексика: hum. сокр. Total Luxury Care, внимание и забота (tender loving care), тепло и ласка2) Медицина: total lung capacity (ИВЛ)3) Американизм: Tax Lien Certificate4) Спорт: Tribute Legacy Challenge5) Военный термин: Technical Liaison Committee, Telecommunication Link Controller, Teleconferencing, Total Logistic Control, Training Leaders Continually, tactical leadership course, tank landing craft, telecommand, tracked load carrier, transporter-launcher container6) Техника: Table Ladder Chair7) Шутливое выражение: Talking Listening Cleaning, Theres Lisas Casket, They Love Chino, Tough Luck Charlie, Turtle Loving Care8) Религия: Teens Living For Christ, Tender Loving Christians, Tender Loving Couples, The Little Churches, The Local Church, The Love Of Christ, Together Loving Christ, Transformation Life Center, Trinity Lutheran Church, Trinity's Loving And Caring, Truth Love And Commitment9) Юридический термин: Talent Law And Competition, Totally Lost Control, Traffic Light Care10) Бухгалтерия: Too Little Cash, Too Little Credit11) Фармакология: thin layer chromatography (тонкослойная хроматография)12) Автомобильный термин: Toyota Land Cruiser13) Ветеринария: Three Legged Cat, Tiger Loving Care14) Грубое выражение: Tiny Little Cock, Titillating Lucrative Channel15) Телекоммуникации: Transparent Line Control16) Сокращение: Through Life Costs, Tonnes, Lifting Capacity, Top Line Co. (USA), Thermal Lubrication Charts17) Текстиль: Tenderly Loved Clothing18) Университет: Teaching for Literacy Competence, Technology Life And Careers, The Learning Collaborative, Trichotillomania Learning Center19) Физика: Theoretical Length Of Cut20) Физиология: Tender Love And Care, Therapeutic Lifestyle Changes, Total Leg Control, Total Lymphocyte Count21) Сленг: нежная забота22) Литература: The League City Toastmasters Club, ToastMasters Learning Center23) Нефть: temporary loss control24) Онкология: Tumescent Liposuction Contouring25) Банковское дело: обращающееся налоговое свидетельство (transferable loan certificate)26) Транспорт: Total Luxury Car, Tune Lubricate And Calibrate27) Пищевая промышленность: Tasty Little Crackers, Tough Little Center28) Парфюмерия: тонкослойная хроматография29) Фирменный знак: Technology Learning Consultants, Terry Leese Computer, The Language Connection, The Leaky Cauldron, The Learning Connection, The Leather Company, The Lee Connection, The Lego Company, The Leroy Company, The Lifestyle Clinic, The Liquor Cabinet, The Longevity Company, The Loyal Cube, The Traci Lords Company, Transitional Language Centre30) Экология: threshold limit concentration31) СМИ: The Learning Channel32) Деловая лексика: Technology Leadership Communities, Think Like A Customer, Tool Location Control, Towels Linens And Cash, Trim Label And Convert, расписка о предоставлении переуступаемого кредита (transferable loan certificate)33) Бурение: временная изоляция зоны поглощения (temporary loss control)34) Образование: Tackling Lifes Choices, Teaching Little Children, Teaching, Learning, And Caring, Technology Learning Communities, Technology Linking The Curriculum, Teen Leadership Camp, Teen Leadership Cooperative, Teens Living Clean, That Leadership Camp, Toddler Learning Center, Together Learning And Caring, Total Learning Community, Traditional Learning Calendar, Training Leading And Coaching, Transformational Leadership Circle, Transformational Learning Connections, Trust Loyalty And Challenge35) Инвестиции: transferable loan certificate36) Полимеры: thin-layer chromatography37) Химическое оружие: Transport/Launch Canister38) Безопасность: Trust Level Control, Twist Lock Control39) Расширение файла: Compiled Tool Command Language source code (Geoworks Swat)40) Нефть и газ: tough logging conditions, каротаж на трубах (tough logging conditions)41) Электротехника: transient load characteristic42) Фантастика The Legion Clan43) Общественная организация: Tennessee Llama Community44) Должность: Technology Life Careers45) Правительство: Taxi And Limousine Commission, Transportation For Logan County46) Библиотечное дело: Technology Library Club, Total Library Computerization -
13 tlc
1) Общая лексика: hum. сокр. Total Luxury Care, внимание и забота (tender loving care), тепло и ласка2) Медицина: total lung capacity (ИВЛ)3) Американизм: Tax Lien Certificate4) Спорт: Tribute Legacy Challenge5) Военный термин: Technical Liaison Committee, Telecommunication Link Controller, Teleconferencing, Total Logistic Control, Training Leaders Continually, tactical leadership course, tank landing craft, telecommand, tracked load carrier, transporter-launcher container6) Техника: Table Ladder Chair7) Шутливое выражение: Talking Listening Cleaning, Theres Lisas Casket, They Love Chino, Tough Luck Charlie, Turtle Loving Care8) Религия: Teens Living For Christ, Tender Loving Christians, Tender Loving Couples, The Little Churches, The Local Church, The Love Of Christ, Together Loving Christ, Transformation Life Center, Trinity Lutheran Church, Trinity's Loving And Caring, Truth Love And Commitment9) Юридический термин: Talent Law And Competition, Totally Lost Control, Traffic Light Care10) Бухгалтерия: Too Little Cash, Too Little Credit11) Фармакология: thin layer chromatography (тонкослойная хроматография)12) Автомобильный термин: Toyota Land Cruiser13) Ветеринария: Three Legged Cat, Tiger Loving Care14) Грубое выражение: Tiny Little Cock, Titillating Lucrative Channel15) Телекоммуникации: Transparent Line Control16) Сокращение: Through Life Costs, Tonnes, Lifting Capacity, Top Line Co. (USA), Thermal Lubrication Charts17) Текстиль: Tenderly Loved Clothing18) Университет: Teaching for Literacy Competence, Technology Life And Careers, The Learning Collaborative, Trichotillomania Learning Center19) Физика: Theoretical Length Of Cut20) Физиология: Tender Love And Care, Therapeutic Lifestyle Changes, Total Leg Control, Total Lymphocyte Count21) Сленг: нежная забота22) Литература: The League City Toastmasters Club, ToastMasters Learning Center23) Нефть: temporary loss control24) Онкология: Tumescent Liposuction Contouring25) Банковское дело: обращающееся налоговое свидетельство (transferable loan certificate)26) Транспорт: Total Luxury Car, Tune Lubricate And Calibrate27) Пищевая промышленность: Tasty Little Crackers, Tough Little Center28) Парфюмерия: тонкослойная хроматография29) Фирменный знак: Technology Learning Consultants, Terry Leese Computer, The Language Connection, The Leaky Cauldron, The Learning Connection, The Leather Company, The Lee Connection, The Lego Company, The Leroy Company, The Lifestyle Clinic, The Liquor Cabinet, The Longevity Company, The Loyal Cube, The Traci Lords Company, Transitional Language Centre30) Экология: threshold limit concentration31) СМИ: The Learning Channel32) Деловая лексика: Technology Leadership Communities, Think Like A Customer, Tool Location Control, Towels Linens And Cash, Trim Label And Convert, расписка о предоставлении переуступаемого кредита (transferable loan certificate)33) Бурение: временная изоляция зоны поглощения (temporary loss control)34) Образование: Tackling Lifes Choices, Teaching Little Children, Teaching, Learning, And Caring, Technology Learning Communities, Technology Linking The Curriculum, Teen Leadership Camp, Teen Leadership Cooperative, Teens Living Clean, That Leadership Camp, Toddler Learning Center, Together Learning And Caring, Total Learning Community, Traditional Learning Calendar, Training Leading And Coaching, Transformational Leadership Circle, Transformational Learning Connections, Trust Loyalty And Challenge35) Инвестиции: transferable loan certificate36) Полимеры: thin-layer chromatography37) Химическое оружие: Transport/Launch Canister38) Безопасность: Trust Level Control, Twist Lock Control39) Расширение файла: Compiled Tool Command Language source code (Geoworks Swat)40) Нефть и газ: tough logging conditions, каротаж на трубах (tough logging conditions)41) Электротехника: transient load characteristic42) Фантастика The Legion Clan43) Общественная организация: Tennessee Llama Community44) Должность: Technology Life Careers45) Правительство: Taxi And Limousine Commission, Transportation For Logan County46) Библиотечное дело: Technology Library Club, Total Library Computerization -
14 development
n1) развитие; совершенствование; эволюция2) расширение; рост; подъем3) обыкн. pl явление; обстоятельство; событие; фактор; тенденция4) разработка; освоение; производство5) перемена, изменение6) подготовка; повышение квалификации•to benefit the development of smth — содействовать / способствовать развитию чего-л.; облегчать развитие чего-л.
to change the course of a country's political development — изменять ход политического развития страны
to damage development — подрывать развитие, наносить ущерб развитию
to facilitate the development of smth — содействовать / способствовать развитию чего-л., облегчать развитие чего-л.
to hamper / to hinder the development of smth — затруднять / тормозить развитие чего-л.; препятствовать развитию чего-л.
to lag behind in one's economic development — отставать в своем экономическом развитии
to promote the development of smth — содействовать / способствовать развитию чего-л.; облегчать развитие чего-л.
to put a brake on the development — сдерживать / тормозить развитие
to put spokes in the wheels of the development of smth — мешать / препятствовать развитию чего-л.
to retard development — задерживать / замедлять развитие
to step backward in one's development — делать шаг назад в своем развитии
to stimulate the development of smth — стимулировать / давать стимул развитию чего-л.
- acceleration of socioeconomic developmentto support the development of smth — поддерживать / обеспечивать развитие чего-л.
- actual developments
- advanced development
- aggregate development
- all-round development
- at all levels of development
- at such a stage of development
- balanced development
- balanced pattern of development
- community development
- comprehensive development
- constant development
- constructive development
- contemporary era of development
- continuous development
- course of historical development
- crisis-free way of development
- cultural development
- current developments
- cyclical development
- degree of economic development
- development came to a head
- development of economic relations
- development of industrial exports
- development of new technologies
- development of popular struggle
- development of science and technology
- development of the personality
- development of tourism
- development of vocational competence
- dialectical development
- discouraging developments
- disproportional development
- driving force of development
- ecological development
- economic development
- effective development
- encouraging developments
- ethical development of society
- executive management development
- experimental development
- extensive development
- final aim of development
- financing of industrial development
- foreign-policy developments
- free development
- further development
- general regularities of development
- general results of the development
- gradual development
- guidelines for the economic and social development
- health development
- human resource development
- in the light of these developments
- independent development
- industrial development
- initial stages of development
- inner sources of development
- integrated development
- intensive development
- international development
- juridical development
- key indicators of national economic development
- latest developments - long-term development
- lop-sided development
- main trend of historical development
- major development
- major problems of society's development
- manpower development
- many-sided development of relations
- natural resources development
- negative development
- new development
- objective historical development
- objective laws of development
- overall development
- pace of development
- pace of developments
- peaceful development
- political developments
- population development
- positive development
- post-war development
- priority development
- process of development
- production development
- professional development
- progressive development
- projected development
- proportional development
- rapid development
- rate of development
- recent developments
- regional development - round-up of the latest developments
- rural development
- separate development
- shocking development
- slackening of growth rates of economic development
- slow development
- slowdown of growth rates of economic development
- social aspects of development
- social development
- sovereign development
- spasmodic development
- specifics of development
- stable development - striking development
- technical development
- technological changes conducive to development
- technological development
- trend of economic development
- unbalanced development
- uneven development
- urban development
- water resources development
- watershed in the world development
- we regard the development with grave concern
- welcome developments
- world developments
- world-wide economic development -
15 rate of return
Finan accounting ratio of the income from an investment to the amount of the investment, used to measure financial performance.EXAMPLEThere is a basic formula that will serve most needs, at least initially:[(Current value of amount invested – Original value of amount invested) / Original value of amount invested] × 100% = rate of returnIf $1,000 in capital is invested in stock, and one year later the investment yields $1,100, the rate of return of the investment is calculated like this:[(1100 – 1000) / 1000] × 100% = 100 / 1000 × 100% = 10% rate of returnNow, assume $1,000 is invested again. One year later, the investment grows to $2,000 in value, but after another year the value of the investment falls to $1,200. The rate of return after the first year is:[(2000 – 1000) / 1000] × 100% = 100%The rate of return after the second year is:[(1200 – 2000) / 2000] × 100% = – 40%The average annual return for the two years (also known as average annual arithmetic return) can be calculated using this formula:(Rate of return for Year 1 + Rate of return for Year 2) /2 = average annual returnAccordingly:(100% + – 40%) /2 = 30%The average annual rate of return is a percentage, but one that is accurate over only a short period, so this method should be used accordingly.The geometric or compound rate of return is a better yardstick for measuring investments over the long term, and takes into account the effects of compounding. This formula is more complex and technical.The real rate of return is the annual return realized on an investment, adjusted for changes in the price due to inflation. If 10% is earned on an investment but inflation is 2%, then the real rate of return is actually 8%. -
16 Abel, Sir Frederick August
[br]b. 17 July 1827 Woolwich, London, Englandd. 6 September 1902 Westminster, London, England[br]English chemist, co-inventor of cordite find explosives expert.[br]His family came from Germany and he was the son of a music master. He first became interested in science at the age of 14, when visiting his mineralogist uncle in Hamburg, and studied chemistry at the Royal Polytechnic Institution in London. In 1845 he became one of the twenty-six founding students, under A.W.von Hofmann, of the Royal College of Chemistry. Such was his aptitude for the subject that within two years he became von Hermann's assistant and demonstrator. In 1851 Abel was appointed Lecturer in Chemistry, succeeding Michael Faraday, at the Royal Military Academy, Woolwich, and it was while there that he wrote his Handbook of Chemistry, which was co-authored by his assistant, Charles Bloxam.Abel's four years at the Royal Military Academy served to foster his interest in explosives, but it was during his thirty-four years, beginning in 1854, as Ordnance Chemist at the Royal Arsenal and at Woolwich that he consolidated and developed his reputation as one of the international leaders in his field. In 1860 he was elected a Fellow of the Royal Society, but it was his studies during the 1870s into the chemical changes that occur during explosions, and which were the subject of numerous papers, that formed the backbone of his work. It was he who established the means of storing gun-cotton without the danger of spontaneous explosion, but he also developed devices (the Abel Open Test and Close Test) for measuring the flashpoint of petroleum. He also became interested in metal alloys, carrying out much useful work on their composition. A further avenue of research occurred in 1881 when he was appointed a member of the Royal Commission set up to investigate safety in mines after the explosion that year in the Sealham Colliery. His resultant study on dangerous dusts did much to further understanding on the use of explosives underground and to improve the safety record of the coal-mining industry. The achievement for which he is most remembered, however, came in 1889, when, in conjunction with Sir James Dewar, he invented cordite. This stable explosive, made of wood fibre, nitric acid and glycerine, had the vital advantage of being a "smokeless powder", which meant that, unlike the traditional ammunition propellant, gunpowder ("black powder"), the firer's position was not given away when the weapon was discharged. Although much of the preliminary work had been done by the Frenchman Paul Vieille, it was Abel who perfected it, with the result that cordite quickly became the British Army's standard explosive.Abel married, and was widowed, twice. He had no children, but died heaped in both scientific honours and those from a grateful country.[br]Principal Honours and DistinctionsGrand Commander of the Royal Victorian Order 1901. Knight Commander of the Most Honourable Order of the Bath 1891 (Commander 1877). Knighted 1883. Created Baronet 1893. FRS 1860. President, Chemical Society 1875–7. President, Institute of Chemistry 1881–2. President, Institute of Electrical Engineers 1883. President, Iron and Steel Institute 1891. Chairman, Society of Arts 1883–4. Telford Medal 1878, Royal Society Royal Medal 1887, Albert Medal (Society of Arts) 1891, Bessemer Gold Medal 1897. Hon. DCL (Oxon.) 1883, Hon. DSc (Cantab.) 1888.Bibliography1854, with C.L.Bloxam, Handbook of Chemistry: Theoretical, Practical and Technical, London: John Churchill; 2nd edn 1858.Besides writing numerous scientific papers, he also contributed several articles to The Encyclopaedia Britannica, 1875–89, 9th edn.Further ReadingDictionary of National Biography, 1912, Vol. 1, Suppl. 2, London: Smith, Elder.CMBiographical history of technology > Abel, Sir Frederick August
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17 Chevenard, Pierre Antoine Jean Sylvestre
SUBJECT AREA: Metallurgy[br]b. 31 December 1888 Thizy, Rhône, Franced. 15 August 1960 Fontenoy-aux-Roses, France[br]French metallurgist, inventor of the alloys Elinvar and Platinite and of the method of strengthening nickel-chromium alloys by a precipitate ofNi3Al which provided the basis of all later super-alloy development.[br]Soon after graduating from the Ecole des Mines at St-Etienne in 1910, Chevenard joined the Société de Commentry Fourchambault et Decazeville at their steelworks at Imphy, where he remained for the whole of his career. Imphy had for some years specialized in the production of nickel steels. From this venture emerged the first austenitic nickel-chromium steel, containing 6 per cent chromium and 22–4 per cent nickel and produced commercially in 1895. Most of the alloys required by Guillaume in his search for the low-expansion alloy Invar were made at Imphy. At the Imphy Research Laboratory, established in 1911, Chevenard conducted research into the development of specialized nickel-based alloys. His first success followed from an observation that some of the ferro-nickels were free from the low-temperature brittleness exhibited by conventional steels. To satisfy the technical requirements of Georges Claude, the French cryogenic pioneer, Chevenard was then able in 1912 to develop an alloy containing 55–60 per cent nickel, 1–3 per cent manganese and 0.2–0.4 per cent carbon. This was ductile down to −190°C, at which temperature carbon steel was very brittle.By 1916 Elinvar, a nickel-iron-chromium alloy with an elastic modulus that did not vary appreciably with changes in ambient temperature, had been identified. This found extensive use in horology and instrument manufacture, and even for the production of high-quality tuning forks. Another very popular alloy was Platinite, which had the same coefficient of thermal expansion as platinum and soda glass. It was used in considerable quantities by incandescent-lamp manufacturers for lead-in wires. Other materials developed by Chevenard at this stage to satisfy the requirements of the electrical industry included resistance alloys, base-metal thermocouple combinations, magnetically soft high-permeability alloys, and nickel-aluminium permanent magnet steels of very high coercivity which greatly improved the power and reliability of car magnetos. Thermostatic bimetals of all varieties soon became an important branch of manufacture at Imphy.During the remainder of his career at Imphy, Chevenard brilliantly elaborated the work on nickel-chromium-tungsten alloys to make stronger pressure vessels for the Haber and other chemical processes. Another famous alloy that he developed, ATV, contained 35 per cent nickel and 11 per cent chromium and was free from the problem of stress-induced cracking in steam that had hitherto inhibited the development of high-power steam turbines. Between 1912 and 1917, Chevenard recognized the harmful effects of traces of carbon on this type of alloy, and in the immediate postwar years he found efficient methods of scavenging the residual carbon by controlled additions of reactive metals. This led to the development of a range of stabilized austenitic stainless steels which were free from the problems of intercrystalline corrosion and weld decay that then caused so much difficulty to the manufacturers of chemical plant.Chevenard soon concluded that only the nickel-chromium system could provide a satisfactory basis for the subsequent development of high-temperature alloys. The first published reference to the strengthening of such materials by additions of aluminium and/or titanium occurs in his UK patent of 1929. This strengthening approach was adopted in the later wartime development in Britain of the Nimonic series of alloys, all of which depended for their high-temperature strength upon the precipitated compound Ni3Al.In 1936 he was studying the effect of what is now known as "thermal fatigue", which contributes to the eventual failure of both gas and steam turbines. He then published details of equipment for assessing the susceptibility of nickel-chromium alloys to this type of breakdown by a process of repeated quenching. Around this time he began to make systematic use of the thermo-gravimetrie balance for high-temperature oxidation studies.[br]Principal Honours and DistinctionsPresident, Société de Physique. Commandeur de la Légion d'honneur.Bibliography1929, Analyse dilatométrique des matériaux, with a preface be C.E.Guillaume, Paris: Dunod (still regarded as the definitive work on this subject).The Dictionary of Scientific Biography lists around thirty of his more important publications between 1914 and 1943.Further Reading"Chevenard, a great French metallurgist", 1960, Acier Fins (Spec.) 36:92–100.L.Valluz, 1961, "Notice sur les travaux de Pierre Chevenard, 1888–1960", Paris: Institut de France, Académie des Sciences.ASDBiographical history of technology > Chevenard, Pierre Antoine Jean Sylvestre
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18 Graham, George
SUBJECT AREA: Horology[br]b. c.1674 Cumberland, Englandd. 16 November 1751 London, England[br]English watch-and clockmaker who invented the cylinder escapement for watches, the first successful dead-beat escapement for clocks and the mercury compensation pendulum.[br]Graham's father died soon after his birth, so he was raised by his brother. In 1688 he was apprenticed to the London clockmaker Henry Aske, and in 1695 he gained his freedom. He was employed as a journeyman by Tompion in 1696 and later married his niece. In 1711 he formed a partnership with Tompion and effectively ran the business in Tompion's declining years; he took over the business after Tompion died in 1713. In addition to his horological interests he also made scientific instruments, specializing in those for astronomical use. As a person, he was well respected and appears to have lived up to the epithet "Honest George Graham". He befriended John Harrison when he first went to London and lent him money to further his researches at a time when they might have conflicted with his own interests.The two common forms of escapement in use in Graham's time, the anchor escapement for clocks and the verge escapement for watches, shared the same weakness: they interfered severely with the free oscillation of the pendulum and the balance, and thus adversely affected the timekeeping. Tompion's two frictional rest escapements, the dead-beat for clocks and the horizontal for watches, had provided a partial solution by eliminating recoil (the momentary reversal of the motion of the timepiece), but they had not been successful in practice. Around 1720 Graham produced his own much improved version of the dead-beat escapement which became a standard feature of regulator clocks, at least in Britain, until its supremacy was challenged at the end of the nineteenth century by the superior accuracy of the Riefler clock. Another feature of the regulator clock owed to Graham was the mercury compensation pendulum, which he invented in 1722 and published four years later. The bob of this pendulum contained mercury, the surface of which rose or fell with changes in temperature, compensating for the concomitant variation in the length of the pendulum rod. Graham devised his mercury pendulum after he had failed to achieve compensation by means of the difference in expansion between various metals. He then turned his attention to improving Tompion's horizontal escapement, and by 1725 the cylinder escapement existed in what was virtually its final form. From the following year he fitted this escapement to all his watches, and it was also used extensively by London makers for their precision watches. It proved to be somewhat lacking in durability, but this problem was overcome later in the century by using a ruby cylinder, notably by Abraham Louis Breguet. It was revived, in a cheaper form, by the Swiss and the French in the nineteenth century and was produced in vast quantities.[br]Principal Honours and DistinctionsFRS 1720. Master of the Clockmakers' Company 1722.BibliographyGraham contributed many papers to the Philosophical Transactions of the Royal Society, in particular "A contrivance to avoid the irregularities in a clock's motion occasion'd by the action of heat and cold upon the rod of the pendulum" (1726) 34:40–4.Further ReadingBritten's Watch \& Clock Maker's Handbook Dictionary and Guide, 1978, rev. Richard Good, 16th edn, London, pp. 81, 84, 232 (for a technical description of the dead-beat and cylinder escapements and the mercury compensation pendulum).A.J.Turner, 1972, "The introduction of the dead-beat escapement: a new document", Antiquarian Horology 8:71.E.A.Battison, 1972, biography, Biographical Dictionary of Science, ed. C.C.Gillespie, Vol. V, New York, 490–2 (contains a résumé of Graham's non-horological activities).DV -
19 Grimthorpe (of Grimthorpe), Edmund Beckett, Baron
SUBJECT AREA: Horology[br]b. 12 May 1816 Newark, Nottinghamshire, Englandd. 29 April 1905 St Albans, Hertfordshire, England[br]English lawyer and amateur horologist who was the first successfully to apply the gravity escapement to public clocks.[br]Born Edmund Beckett Denison, he was educated at Eton and Trinity College, Cambridge, where he studied mathematics, graduating in 1838. He was called to the Bar in 1841 and became a Queen's Counsel in 1854. He built up a large and lucrative practice which gave him the independence to pursue his many interests outside law. His interest in horology may have been stimulated by a friend and fellow lawyer, J.M. Bloxham, who interestingly had invented a gravity escapement with an affinity to the escapement eventually used by Denison. Denison studied horology with his usual thoroughness and by 1850 he had published his Rudimentary Treatise on Clock and Watchmaking. It was natural, therefore, that he should have been invited to be a referee when a disagreement arose over the design of the clock for the new Houses of Parliament. Typically, he interpreted his brief very liberally and designed the clock himself. The most distinctive feature of the clock, in its final form, was the incorporation of a gravity escapement. A gravity escapement was particularly desirable in a public clock as it enabled the pendulum to receive a constant impulse (and thus swing with a constant amplitude), despite the variable forces that might be exerted by the wind on the exposed hands. The excellent performance of the prestigious clock at Westminster made Denison's form of gravity escapement de rigueur for large mechanical public clocks produced in Britain and in many other countries. In 1874 he inherited his father's baronetcy, dropping the Denison name, but later adopted the name Grimthorpe when he was created a Baron in 1886.[br]Principal Honours and DistinctionsPeerage 1886. President, British Horological Institute 1868–1905.BibliographyHis highly idiosyncratic A Rudimentary Treatise on Clocks and Watchmaking first published in 1850, went through eight editions, with slight changes of title, and became the most influential work in English on the subject of public clocks.Further ReadingVaudrey Mercer, 1977, The Life and Letters of Edward John Dent, London, pp. 650–1 (provides biographical information relating to horology; also contains a reliable account of Denison's involvement with the clock at Westminster).A.L.Rawlings, 1948, The Science of Clocks and Watcher, repub. 1974, pp. 98–102 (provides a technical assessment of Denison's escapement).DVBiographical history of technology > Grimthorpe (of Grimthorpe), Edmund Beckett, Baron
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20 Henry, Joseph
[br]b. 17 December 1797 Albany, New York, USAd. 13 May 1878 Washington, DC, USA[br]American scientist after whom the unit of inductance is named.[br]Sent to stay with relatives at the age of 6 because of the illness of his father, when the latter died in 1811 Henry was apprenticed to a silversmith and then turned to the stage. Whilst he was ill himself, a book on science fired his interest and he began studying at Albany Academy, working as a tutor to finance his studies. Initially intending to pursue medicine, he then spent some time as a surveyor before becoming Professor of Mathematics and Natural Philosophy at Albany Academy in 1826. There he became interested in the improvement of electromagnets and discovered that the use of an increased number of turns of wire round the core greatly increased their power; by 1831 he was able to supply to Yale a magnet capable of lifting almost a ton weight. During this time he also discovered the principles of magnetic induction and self-inductance. In the same year he made, but did not patent, a cable telegraph system capable of working over a distance of 1 mile (1.6 km). It was at this time, too, that he found that adiabatic expansion of gases led to their sudden cooling, thus paving the way for the development of refrigerators. For this he was recommended for, but never received, the Copley Medal of the Royal Society. Five years later he became Professor of Natural Philosophy at New Jersey College (later Princeton University), where he deduced the laws governing the operation of transformers and observed that changes in magnetic flux induced electric currents in conductors. Later he also observed that spark discharges caused electrical effects at a distance. He therefore came close to the discovery of radio waves. In 1836 he was granted a year's leave of absence and travelled to Europe, where he was able to meet Michael Faraday. It was with his help that in 1844 Samuel Morse set up the first patented electric telegraph, but, sadly, the latter seems to have reaped all the credit and financial rewards. In 1846 he became the first secretary of the Washington Smithsonian Institute and did much to develop government support for scientific research. As a result of his efforts some 500 telegraph stations across the country were equipped with meteorological equipment to supply weather information by telegraph to a central location, a facility that eventually became the US National Weather Bureau. From 1852 he was a member of the Lighthouse Board, contributing to improvements in lighting and sound warning systems and becoming its chairman in 1871. During the Civil War he was a technical advisor to President Lincoln. He was a founder of the National Academy of Science and served as its President for eleven years.[br]Principal Honours and DistinctionsPresident, American Association for the Advancement of Science 1849. President, National Academy of Science 1893–1904. In 1893, to honour his work on induction, the International Congress of Electricians adopted the henry as the unit of inductance.Bibliography1824. "On the chemical and mechanical effects of steam". 1825. "The production of cold by the rarefaction of air".1832, "On the production of currents \& sparks of electricity \& magnetism", AmericanJournal of Science 22:403."Theory of the so-called imponderables", Proceedings of the American Association for the Advancement of Science 6:84.Further ReadingSmithsonian Institution, 1886, Joseph Henry, Scientific Writings, Washington DC.KF
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