ten-year annuity

1) фин., страх. аннуитет, финансовая [страховая\] рента (слово произошло от лат. "annus" — "год", изначально обозначало ежегодные выплаты)

а) (равные платежи, регулярно, напр. ежемесячно, ежегодно и т. д., поступающие или выплачиваемые в течение определенного периода времени)

б) (соглашение или контракт, по которому физическое лицо — аннуитент — с помощью внесения единовременного или ряда периодических платежей приобретает право регулярно получать равные платежи в течение определенного периода или пожизненно; многие формы страхования основаны на этом принципе, в частности, пенсионное страхование)

2) мн., фин., брит. рентные облигации (бессрочные облигации британского правительства; в настоящее время существует два выпуска с процентными ставками 2,5 % и 2,75 %)

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1. ежегодная денежная сумма определенного размера, выплачиваемая кредитору в погашение полученного от него займа, включая проценты

2. регулярно получаемый доход, не требующий от получателя предпринимательской деятельности тж. Anny

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abs

1) he owes it and must pay он должен /задолжал/ и обязан заплатить; who is paying? кто платит?

2) this work (the business, the shop, farming, this enterprise, etc.) pays (does not pay) эта работа и т.д. (не) окупается / (не) оправдывает себя/; how to make business pay? как сделать предприятие рентабельным?

1) pay in some manner pay willingly (reluctantly, grudgingly, handsomely, inadequately, punctually, etc.) платить /выплачивать/ охотно и т.д.; pay monthly (annually, etc.) платить /выплачивать/ ежемесячно и т.д.; pay at some time I shall pay soon (at once, next week, etc.) я скоро и т.д. заплачу

2) pay in some manner this work pays well эта работа выгодна; the mine is paying fairly well эта выработка приносит довольно хороший доход

1) pay smb., smth. pay the dressmaker (the tailor, the workmen, a teacher, the electric light company, etc.) платить портнихе и т.д., расплачиваться с портнихой и т.д.; pay the money (the deposit of t 10, the monthly rent, etc.) платить деньги и т.д.; pay an account (a bill) заплатить по счету, расплатиться; pay one's dues внести взносы; pay debts выплачивать долги; pay one's passage (one's bus fare, etc.) платить за проезд и т.д., оплачивать проезд и т.д.; pay one's college вносить плату за обучение в колледже; pay wages платить /выплачивать/ зарплату; pay a subscription уплатить за подписку; I had to pay an extra five roubles мне надо было доплатить пять рублей; pay damages оплачивать /возмещать/ убытки

2) pay smb., smth. the job does not pay me эта работа невыгодна; the stock pays 4 per cent эти акции дают /приносят/ четыре процента прибыли

pay as... (when..., etc.) pay as (when) you go in платить при входе

SUBJECT AREA: Paper and printing

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Fourdrinier's father was a paper manufacturer and stationer of London, from a family of French Protestant origin. Henry took up the same trade and, with his brother Sealy (d. 1847), devoted many years to developing the papermaking machine. Their first patent was taken out in 1801, but success was still far off. A machine for making paper had been invented a few years previously by Nicolas Robert at the Didot's mill at Essonnes, south of Paris. Robert quarrelled with the Didots, who then contacted their brother-in-law in England, John Gamble, in an attempt to raise capital for a larger machine. Gamble and the Fourdriniers called in the engineer Bryan Donkin, and between them they patented a much improved machine in 1807. In the new machine, the paper pulp flowed on to a moving continuous woven wire screen and was then squeezed between rollers to remove much of the water. The paper thus formed was transferred to a felt blanket and passed through a second press to remove more water, before being wound while still wet on to a drum. For the first time, a continuous sheet of paper could be made. Other inventors soon made further improvements: in 1817 John Dickinson obtained a patent for sizing baths to improve the surface of the paper; while in 1820 Thomas Crompton patented a steam-heated drum round which the paper was passed to speed up the drying process. The development cost of £60,000 bankrupted the brothers. Although Parliament extended the patent for fourteen years, and the machine was widely adopted, they never reaped much profit from it. Tsar Alexander of Russia became interested in the papermaking machine while on a visit to England in 1814 and promised Henry Fourdrinier £700 per year for ten years for super-intending the erection of two machines in Russia; Henry carried out the work, but he received no payment. At the age of 72 he travelled to St Petersburg to seek recompense from the Tsar's successor Nicholas I, but to no avail. Eventually, on a motion in the House of Commons, the British Government awarded Fourdrinier a payment of £7,000. The paper trade, sensing the inadequacy of this sum, augmented it with a further sum which they subscribed so that an annuity could be purchased for Henry, then the only surviving brother, and his two daughters, to enable them to live in modest comfort. From its invention in ancient China (see Cai Lun), its appearance in the Middle Ages in Europe and through the first three and a half centuries of printing, every sheet of paper had to made by hand. The daily output of a hand-made paper mill was only 60–100 lb (27–45 kg), whereas the new machine increased that tenfold. Even higher speeds were achieved, with corresponding reductions in cost; the old mills could not possibly have kept pace with the new mechanical printing presses. The Fourdrinier machine was thus an essential element in the technological developments that brought about the revolution in the production of reading matter of all kinds during the nineteenth century. The high-speed, giant paper-making machines of the late twentieth century work on the same principle as the Fourdrinier of 1807.

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