Archive for ‘Money’

February 7, 2011

Bordeaux

Bordeaux

A Bordeaux [bawr-doh] wine is any wine produced in the Bordeaux region of south eastern, France. Average vintages produce over 700 million bottles of Bordeaux wine, ranging from large quantities of everyday table wine, to some of the most expensive and prestigious wines in the world. 89% of wine produced in Bordeaux is red (called ‘claret’ in Britain), with notable sweet white wines such as Chateau d’Yquem, dry whites, rosé and sparkling wines (Crémant de Bordeaux) all making up the remainder.

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February 7, 2011

Meritage

meritage association

Meritage is a proprietary term used to denote Bordeaux-style wines without infringing on the French region’s legally protected designation of origin. Winemakers license the Meritage trademark from its owner, the California-based Meritage Alliance. Most Meritage wines come from California, but there are members in 18 other states and five other countries (Argentina, Australia, Canada, Israel, and Mexico).

Many people, including some wine experts, Frenchify the word ‘Meritage’ by pronouncing its last syllable with a ‘zh’ sound, as in ‘garage,’ but the Meritage Alliance specifically states that the word should be pronounced to rhyme with ‘heritage.’ The Meritage Association was formed in 1988 by a small group of Napa Valley, California vintners increasingly frustrated by regulations stipulating wines contain at least 75% of a specific grape to be labeled as that varietal.

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February 6, 2011

Time Banking

time banking

Time Banking refers to an economic system that uses units of time as currency. A Time Bank, also known as a Service Exchange, is a community which practices time banking. The unit of currency, always valued at an hour’s worth of any person’s labor, used by these groups has various names, but is generally known as a Time Dollar in the U.S. and a Time Credit in the U.K. Time Banking is primarily used to provide incentives and rewards for work such as mentoring children, caring for the elderly, being neighborly—work usually done on a volunteer basis—which a pure market system devalues.

Essentially, the ‘time’ one spends providing these types of community services earns ‘time’ that one can spend to receive services. Time Banking had its intellectual genesis in the U.S. in the early 1980s. Today, 26 countries have active Time Banks. There are 108 Time Banks active in the U.K. and 53 officially recognized Time Banks in the U.S.

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February 6, 2011

Terra

Commodity

Terra (The Trade Reference Currency, TRC) is the name of a theorized ‘world currency.’ The concept is currently proposed by Belgian economist Bernard A. Lietaer and is designed to resist currency inflation. The currency is meant to be based on a basket of the 9-12 most important commodities (according to their importance in world wide trade). For example: 100 Terra = 1 barrel of oil + 10 bushels of wheat + 20 kg of copper, etc. The basic principle emerged from early concepts presented in an article in the French newspaper ‘Le Fédériste’ in 1933.

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February 6, 2011

Liberty Dollar

liberty dollars

The Liberty Dollar (ALD) was a private currency produced in the United States from 1998 – 2009. The currency was available in coins, gold and silver certificates, and as an electronic currency (eLD). ALD certificates are warehouse receipts for real gold and silver formerly owned by ALD certificate holders. The metal was warehoused at Sunshine Minting in Coeur d’Alene, Idaho prior to a November 2007 raid by the Federal Bureau of Investigation (FBI) and the Secret Service.

Until July 2009, the Liberty Dollar was distributed by Liberty Services (formerly known as NORFED), based in Evansville, Indiana. It was created by Bernard von NotHaus, the co-founder of the Royal Hawaiian Mint Company. In May 2009, von NotHaus and others were charged with federal crimes in connection with the Liberty Dollar and, on July 31, 2009, von NotHaus announced that he had closed the Liberty Dollar operation, pending resolution of the criminal charges.

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February 3, 2011

Vice

vice

Vice is a free magazine and media conglomerate founded in Montreal and currently based in New York City. It is available in 19 countries. It supports itself primarily through advertising. Founded by Suroosh Alvi, Shane Smith, and Gavin McInnes, it was launched as the ‘Voice of Montreal’ in 1994 with government funding to provide work and a community service. When the editors wanted to break free of their commitments with the original publisher, Alix Laurent, they bought him out and changed the name to ‘Vice’ in 1996.

Vice’s content has shifted from dealing mostly with independent arts and pop cultural matters to covering more serious news topics, although both are often treated with the same spirit of blithe and caustic irreverence. Vice has championed the ‘Immersionist’ school of journalism, which it regards as something of a DIY antithesis to the big-office methods practiced by traditional news outlets. There have been issues dedicated to concerns facing Iraqi people, Native Americans, Russian people, people with mental disorders, and people with mental disabilities.

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February 2, 2011

Victory Garden

victory garden

Victory gardens, also called war gardens, were vegetable, fruit and herb gardens planted at private residences and public parks in United States, United Kingdom, Canada and Germany during World War I and World War II to reduce the pressure on the public food supply brought on by the war effort. In addition to indirectly aiding the war effort these gardens were also considered a civil ‘morale booster’ — in that gardeners could feel empowered by their contribution of labor and rewarded by the produce grown. This made victory gardens become a part of daily life on the home front.

February 2, 2011

Near Field Communication

transferjet

Near field communication or NFC, is a short-range high frequency wireless communication technology which enables the exchange of data between devices over about a 10 centimeters (3.9 in) distance. The technology combines the interface of a smartcard and a reader into a single device. An NFC device can communicate with both existing smartcards and readers, as well as with other NFC devices, and is thereby compatible with existing contactless infrastructure already in use for public transportation and payment. NFC is primarily aimed at usage in mobile phones.

February 1, 2011

Script Doctor

whedon

A script doctor is a highly-skilled screenwriter, hired by a film or television production, to rewrite or polish specific aspects of an existing screenplay, including structure, characterization, dialogue, pacing, theme, and other elements. Script doctors generally do their work uncredited, for a variety of commercial and artistic reasons. Script doctors are usually brought in during the development and pre-production phases of a film, to address specific issues with the script, as identified by the financiers, production team, and cast. They may also be employed during post production, to help address narrative problems that crop up during the editing process.

The use of script doctors was first revealed at the 1973 Academy Awards when Francis Ford Coppola thanked Robert Towne for his work on The Godfather. Since then, the use of script doctors has been downplayed within the industry, to avoid overshadowing the work of the original writers. Under the WGA screenwriting credit system, a screenwriter must contribute 50 percent to the story and/or characterization in order to qualify for credit. Uncredited screenwriters are not eligible to win the Academy Award for Best Screenplay or the Writers Guild of America Awards.

February 1, 2011

In Vitro Meat

test tube burger

In vitro meat, also known as cultured meat, is an animal flesh product that has never been part of a complete, living animal. Several current research projects are growing in vitro meat experimentally, although no meat has yet been produced for public consumption. The first-generation products will most likely be minced meat, and a long-term goal is to grow fully developed muscle tissue. Potentially, any animal’s muscle tissue could be grown through the in vitro process.

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January 31, 2011

Vajazzle

Vajazzling is the act of applying glitter and jewels to a woman’s nether regions for aesthetic purposes.

January 31, 2011

Christian Louboutin

louboutin

Christian Louboutin (b. 1964) is a footwear designer who launched his line of high-end women’s shoes in France in 1991. Since 1992, his designs have incorporated the shiny, red-lacquered soles that have become his signature. In 2007 Louboutin filed an application for U.S. trademark protection of this red sole design.

Louboutin received inspiration for his lethal-looking stilettos from an incident that occurred in his early 20s. He had visited a museum and noticed that there was a sign forbidding women wearing sharp stilettos from entering for fear of damage to the extensive wood flooring. This image stayed in his mind, and he later used this idea in his designs. ‘I wanted to defy that,’ Louboutin has said. ‘I wanted to create something that broke rules and made women feel confident and empowered.’