Bank

A bank is a financial institution that creates credit by lending money to a borrower, thereby creating a corresponding deposit on the bank's balance sheet. Lending activities can be performed either directly or indirectly through capital markets. Due to their importance in the financial system and influence on national economies, banks are highly regulated in most countries. Most nations have institutionalized a system known as fractional reserve banking under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, known as the Basel Accords.

Banking in its modern sense evolved in the 14th century in the rich cities of Renaissance Italy but in many ways was a continuation of ideas and concepts of credit and lending that had their roots in the ancient world. In the history of banking, a number of banking dynasties — notably, the Medicis, the Fuggers, the Welsers, the Berenbergs and the Rothschilds — have played a central role over many centuries. The oldest existing retail bank is Monte dei Paschi di Siena, while the oldest existing merchant bank is Berenberg Bank.

Bank (card game)

Bank, also known also as "Polish Bank" or "Russian Bank," is the name of a comparing card game. The game requires a standard 52-card deck and five or six players.

Rules

At the start of the game, each player contributes an arranged stake to the pool. The dealer gives three cards to each player and turns up another; if this is not lower than an eight (ace is lowest), the dealer continues turning up cards until such a card is exposed. The player on the dealer's left, without touching or looking at the three cards received, can bet the amount of the pool, or any part of it, that among those cards is one that is higher (of the same suit) than the turn-up. If the player wins, the player takes the amount from the pool; if the player loses, the player pays that amount to the pool. Each player does the same in turn, the dealer last. Whenever the pool is exhausted, a fresh stake is put into the pool. After a round is over the deal passes. No player may touch any cards received until making a bet; the penalty is a fine to the pool of twice the stake, and the loss of the right to bet during that round.

Bank (surname)

Bank is a surname. Notable people with the surname include:

See also

Oil!

Oil! is a novel by Upton Sinclair published in 1927 told as a third person narrative, with only the opening pages written in the second person. The book was written in the context of the Harding administration's Teapot Dome Scandal and takes place in Southern California. It is a social and political satire skewering the human foibles of all its characters.

The main character is James Arnold Ross Jr., nicknamed Bunny, son of an oil tycoon. Bunny's sympathetic feelings toward oilfield workers and socialists provoke arguments with his father throughout the story.

The novel served as a loose inspiration for the 2007 film There Will Be Blood.

Characters

Oil

An oil is any neutral, nonpolar chemical substance that is a viscous liquid at ambient temperatures and is both hydrophobic (immiscible with water, literally "water fearing") and lipophilic (miscible with other oils, literally "fat loving"). Oils have a high carbon and hydrogen content and are usually flammable and slippery.

The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food, fuel, lubrication, and the manufacture of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies as purifying agents.

Etymology

First attested in English 1176, the word oil comes from Old French oile, from Latin oleum, which in turn comes from the Greek ἔλαιον (elaion), "olive oil, oil" and that from ἐλαία (elaia), "olive tree", "olive fruit". The earliest attested forms of the word are the Mycenaean Greek 𐀁𐀨𐀺, e-ra-wo and 𐀁𐁉𐀺, e-rai-wo, written in the Linear B syllabic script.

Oil (film)

Oil is a 2009 documentary film directed by Massimiliano Mazzotta. It explores the Italian energy provider Saras S.p.A., operating in the area of oil refining and the production of electricity, located in the island of Sardinia, near Cagliari and the impact of oil development on the land and lives of the local population.

Awards

External links