Acronyms – Page 2 – The Internet FAQs

BMP Basics

August 22, 2021September 23, 2021 theinternetfaqs

Short for Bitmap according to ABBREVIATIONFINDER.ORG, BMP is an image file format, it is one of the simplest. It was developed jointly by Microsoft and IBM, which explains its particularly wide use on Windows and OS / 2 platforms. The BMP format supports RGB, Indexed Color, Grayscale, and Bitmap color modes. You can specify the Windows […]

European Central Bank Basics

August 15, 2021September 23, 2021 theinternetfaqs

Central task: price stability in the euro area The most important task of the European Central Bank is the stability of the currency and thus also of the price level in the euro area. The Maastricht Treaty stipulated that the ECB should use the means at its disposal to maintain an inflation rate of just […]

ECB Basics

August 8, 2021September 23, 2021 theinternetfaqs

The European Central Bank, abbreviated as ECB by ABBREVIATIONFINDER.ORG, is responsible for the euro, the common currency of many EU countries. It controls the amount of money put into circulation, sets interest rates and ensures that economic development in the euro zone is as smooth as possible. Who will ensure that I will still get […]

ASEAN Basics

August 1, 2021September 23, 2021 theinternetfaqs

ASEAN – The structure ASEAN is a body for cooperation between Member States, but without the demands for far-reaching political and economic integration that characterize, for example, the European Union (EU). The organization’s highest authority is the summit, where the heads of state or government meet to decide on issues of long-term, strategic importance. Abbreviated […]

Meaning of Basic Allowance

May 23, 2021September 23, 2021 theinternetfaqs

The basic allowance is the amount of income for which no tax is due. The income is only taxed from this limit. The basic allowance is intended to ensure the subsistence level for taxpayers. The basic allowance applies to all taxable persons, including pensioners. The basic allowance ensures the tax-free subsistence level. The adjustment is […]

Meaning of Base Interest Rate

May 2, 2021September 23, 2021 theinternetfaqs

A country’s central bank sets the interest rate at which commercial banks obtain liquidity. This interest rate, known as the key interest rate, determines the conditions under which the banks can borrow money from the central bank. The key interest rate influences the level of loan and savings interest. In the euro area, the European […]

Meaning of BTU

February 13, 2021September 23, 2021 theinternetfaqs

According to abbreviationfinder, the BTU symbol refers to a unit of energy called the British Thermal Unit. This unit was widely used in ancient times, especially in the UK, although it has now been superseded by the July. In any case, in the United States the BTU is still used in some contexts. It is […]