Aufsätze Ökonomik

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Prof. Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.

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Table of reduction

In earlier times, at first handwritten, later printed conversion tables for the multitude of foreign money – also of measure and weight -, in older literature also called Faullenzer (in this orthographical form; so written, i.e. with two ells) and Münztarif. – An employee entrusted with this task, especially at banks in coastal cities and at large marketplaces, had to calculate the frequently changing value relationships between the respective money (exchange rate; exchange rate) with the help of such tables with sometimes up to forty columns and on the basis of the new rate slips. – Today sometimes popular term for a computer (a device that accepts information in the form of digitised data and handles it for some result based on a program or sequence of instructions on how the data is to be processed). – See cash foot, coin commis.

Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

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