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The pound ( sign: £) is the main unit of sterling, [4] and the word pound is also used to refer to the British currency generally, [5] often qualified in international contexts as the British pound or the pound sterling. [4] Sterling is the world's oldest currency in continuous use since its inception. [6]
Property law is the area of law that governs the various forms of ownership in real property (land) and personal property. Property refers to legally protected claims to resources, such as land and personal property, including intellectual property. [1] Property can be exchanged through contract law, and if property is violated, one could sue ...
Once all cards have been dealt to the players, each player in turn can propose a contract consisting of a number divisible by 10, from 80 to 160, or "capot". Any contract announced must be higher than the last one. This continues for as many rounds as necessary, until a contract is accepted by the other three players all passing.
The Planck constant, or Planck's constant, denoted by , [1] is a fundamental physical constant [1] of foundational importance in quantum mechanics: a photon 's energy is equal to its frequency multiplied by the Planck constant, and the wavelength of a matter wave equals the Planck constant divided by the associated particle momentum.
Whole life insurance, or whole of life assurance (in the Commonwealth of Nations ), sometimes called "straight life" or "ordinary life", is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date. [1] As a life insurance policy it represents a contract between the insured and insurer that as ...
Fair division is the problem in game theory of dividing a set of resources among several people who have an entitlement to them so that each person receives their due share. That problem arises in various real-world settings such as division of inheritance, partnership dissolutions, divorce settlements, electronic frequency allocation, airport ...
Since any bimodule corresponds to the commuting actions of two factors, each factor is contained in the commutant of the other and therefore defines a subfactor. When the bimodule is irreducible, its dimension is defined to be the square root of the index of this subfactor. The dimension is extended additively to direct sums of irreducible ...
Non-standard model of arithmetic. In mathematical logic, a non-standard model of arithmetic is a model of first-order Peano arithmetic that contains non-standard numbers. The term standard model of arithmetic refers to the standard natural numbers 0, 1, 2, …. The elements of any model of Peano arithmetic are linearly ordered and possess an ...