Debt: a glossary of terms

Bankruptcy – Have been legally declared insolvent. There are two types of bankruptcy: liquidation, in which your debts are discharged, and reorganization, in which you provide the court with a plan for how you intend to pay off your debts. Collateral – Property acceptable as collateral for a loan or other obligation. agency collection – A company hired by a […]

The history of CNC machining

The Modern Numerical Control (NC) concept, the precursor to today’s Computer Numerical Control (CNC), was originally conceived around 1947 by John T. Parsons (1913-2007) and Frank L. Stulen (1921-2010) at the Rotary Wing Branch of the Propeller Lab at Wright-Patterson Air Force Base, Dayton, Ohio, as a result of the US Air Force’s (USAF) quest for a system to design […]

Smart Strategies for Renting Homes, Condos, Duplexes, and Townhomes in a Tight Real Estate Market

1. Searching for houses and searching for apartments are two completely different animals and require different approaches. In apartments there is always another one available next week. In homes, each one is unique, and once rented it disappears. That’s why being prepared is especially important when you need a home. That’s particularly true of high-end or well-located homes. 2. Remember, […]