What does AIG stand for?

What does AIG stand for?
The acronym AIG stands for American International Group. It is an insurance corporation located in America with its corporate head quarters in the New York City. AIG was established in 1919 by Cornelius Vander Starr in Shanghai China. Starr was the first Westerner to sell insurance to Chinese which he continued until he relocated AIG to New York City in the United States. As the years rolled on, AIG expanded through subsidiaries located in other markets in other countries in the world. AIG charged insurance according to its potential return whether it suffered decreased sales of certain products for great lengths of time with very little additional expense using brokers. Starr named Greenberg his heir in 1968 and the company went public in 1969. At the turn of the year 2005 AIG became entangled in a series of fraud investigations. Greenberg was expelled amid an accounting scandal in February 2005 today he is still fighting civil charges being pursued by New York State. The investigation...

What does AMEX stand for?

What does AMEX stand for?
AMEX stands for American express operates in over 130 countries around the globe. The tale of American Express is a mesmerizing one filled with interesting and quirky characters who — through a combination of brains, perseverance and luck — shaped the company’s development during the past century and a half. The express company that forwarded freight and valuables evolved into a company that created and sold financial products like money orders and travelers cheques. Following an era of international expansion, the company became an entity perhaps best known for its charge card. Today, American Express is a global payments company. The attributes today are the hallmarks of the American Express brand — trust, integrity, security, quality, customer service — all have their roots in this compelling story. In this history, as well, are the genesis and development of the company’s aspiration to become the world’s most respected service brand. American...

What does WAV stand for?

What does WAV stand for?
WAV or WAVE is the abbreviated form of Waveform audio format. It is also known as Audio for Windows. It is a Microsoft and IBM audio file format standard used for storing an audio bitstream on PCs. It is notably an application of the RIFF bitstream format method utilized for storing data in chunks or large units, and therefore it is also similar to the 8SVX and the AIFF format used on Amiga and Macintosh computers. It is the primary format used on Windows systems for raw and generally uncompressed audio. The normal bitstream encoding is the Pulse Code Modulation or PCM format. Both WAVs and AIFFs formats are compatible with Windows, Macintosh, and Linux operating systems. The format considers some of the salient differences of the Intel CPU like little-endian byte order. The RIFF format will act as a wrapper for a variety of audio compression codecs. Although a WAV file can store compressed audio, the most widely used WAV format houses uncompressed audio in the linear pulse code modulation...

What does IMF stand for?

What does IMF stand for?
IMF is the acronym for the International Monetary Fund. It is an international organization that follows the macroeconomic policies of its member countries in overseeing the global financial system. This is particularly those member countries that have an impact on exchange rates and the balance of payments. The expressed objectives of the organization are to stabilize international exchange rates as well as to foster development. There are also leveraged loans available but mostly to the poorer countries. The headquarters of the IMF are located in Washington DC in the United States and the present head economist is Olivier Blanchard. July 1944 was the official date of establishment of the International Monetary Fund. It was established at the United Nations Monetary and Financial Conference. It started with 45 members and had as its primary goal the mission of stabilizing exchange rates and help with the reconstruction of the world’s international payment system. The delegates from the...

What does MODERN stand for?

What does MODERN stand for?
MODERN has a variety of meanings; however, we shall portray MODERN to stand for belonging to modern era or the historical timeframe after the Middle Ages. By extension things such as modern furniture, modern art, and modern history have been deemed modern rather than being prehistoric. The modern era started somewhere in the 1500s when western civilization made a gradual transition from pre-modernity to modernity when scientific methods were developed. This caused the belief that science would lead to all knowledge. The term modern was coined shortly before 1585 to describe the beginning of a new era. Significantly the modern period was developed in the fields of warfare, politics, technology and science. This period was also an age of globalization and discovery. The period was so intense because of the changes that occurred that wars and other problems developed. Traditional ideologies and ethical norms cause quite a stir among peoples that they were against the concept of modernity....

What does NASDAQ stand for?

What does NASDAQ stand for?
NASDAQ is known as NASDAQ Stock Market. It is an American stock exchange and is the largest electronic screen based equity securities trading market in the United States. NASDAQ Stock Market has more trading volume per hour than any other stock exchange in the world and it has about 3,700 corporations and companies. The National Association of Securities Dealers (NASD) established NASDAQ in 1971; however in 2000 and 2001 NASD separated themselves of it in a succession of sales. NASDAQ is now owned and operated by NASDAQ OMX Group, the stock of which was listed on its own stock exchange since July 2, 2009 under the ticker symbol NASDAQ: NDAQ. It is monitored by the Securities Exchange Commission (SEC). NASDAQ stock exchange is controlled and managed by Nasdaq – OMX in New York City which is the second largest exchange in the United States. It also manages a total of eight stock exchanges in Europe and has one third of the Dubai Stock Exchange. In addition it has a double – listing contract...

What does NASCAR stand for?

What does NASCAR stand for?
NASCAR stands for National Association for Stock Car Auto Racing. NASCAR is a family-owned and operated business venture that administers and authorizes numerous auto racing sports events. Bill France Snr. Founded the association in 1947-48. Since the start of 2009, the CEO for the company is the grandson of the late Bill France Sr., Brian France. NASCAR is also the largest sanctioning body of stock car racing in the United States. NASCAR authorizes three of the largest racing series in the United States; they are the the Nationwide Series, Sprint Cup and the Camping World Truck Series. All of NASCAR’s interactive rights and the rights to the nascar.com domain were purchased by the Time Warner Company, Turner Sports Interactive, In October 2000. Turner Sports Interactive is now the exclusive producer, and NASCAR.com is the official site for NASCAR Inc as of January 2001. Atlanta Georgia is home to the NASCAR.COM staff with additional personnel in Daytona Beach and Charlotte. The nascar.com...

What does Fannie Mae stand for?

What does Fannie Mae stand for?
Fannie Mae stands for Federal National Mortgage Association. Fannie Mae is a government sponsored enterprise contracted by the United States Congress. As such Fannie Mae’s mission is to supply affordability, liquidity and stability to the United States’ housing and mortgage markets. Fannie Mae functions in the United States secondary mortgage market. The association works with brokers, mortgage bankers, and other primary mortgage market partners rather than creating home loans directly to consumers. This way Fannie Mae helps to ensure that they have funds to lend to home buyers at affordable rates. The association also funds its mortgage investments mainly by issuing debt securities in the domestic and international capital markets. In 1938 Fannie Mae was established as a federal agency and as a private shareholder-owned company. Director of the Federal Housing Finance Agency (FHFA) James Lockhart, appointed FHFA as conservator of Fannie Mae On September 6, 2008. The U.S. Department...

What does DX stand for?

What does DX stand for?
About DX DX is short for Digital indeX encoding. It is an ANSI and I3A standard for marking 135 and APS photographic film and film cartridges. It has many parts, a latent image DX film edge barcode on the film underneath the sprocket holes, a code on the cartridge utilized by automatic cameras, and a barcode on the cartridge read by photo-finishing machines. Next to the film exit lip is an Interleaved 2 of 5 barcode and a printed number which are representative of the I3A assigned DX number, the total number of exposures and a proprietary manufacturer’s code. The DX number may be used to identify the manufacturer, film type, and by inference, the needed developing process type. This is employed by automatic photo-finishing machines to correctly and appropriately process the exposed film. Below the sprockets beneath each frame of 135 film is the DX film edge barcode. The barcode is not visible until the film has actually been developed. It is optically imprinted as a latent image during...

What does KITT stand for?

What does KITT stand for?
The acronym KITT stands for Knight Industries Two Thousand or Knight Industries Three Thousand. This acronym is the short name of two fictional characters from the adventure TV series Knight Rider. The first appeared in the original TV series knight rider while the second appeared in the two hour pilot movie in 2008 for a new Knight Rider TV series and subsequently the new series itself. KITT appears as an artificially intelligent electronic computer module that is installed in a very mobile, highly advanced robotic automobile. This is synonymous for both KITTs mentioned above. Wilton Knight was said to have installed the cybernetic processor in a mainframe computer and it was utilized by the United States government in Washington D.C KTT has special features such as Turbo Boost, which allows quick bursts of speed or jumping over obstacles, the ability to drive himself, a front mounted scan bar that, among other things, allowed KITT to “see,” “molecular bonded shell”...