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Banks act as trustees for a fee, and a similar service is provided by the Public Trustee, established in 1908. The term is a legal one. 2. Financial trusts are also established for commercial purposes where particular protection is required against fraud, e.g. unit trusts or investment trusts. 3. (U.S.) A very large amalgamation of forms. anti-

trust.

Trustee Savings Bank. savings bank.

Turgot, Anne Robert Jacques, Baron de l’Aulne (1727-81). Educated for the Church, he became an abbe at the Sorbonne in Paris, but then took up a career in the Civil Service, where he remained for the rest of his life. He was the Administrator of the District of Limoges from 1761 to 1774, when he became Secretary of State for the Navy. For a short time, he held the post of Controller of Finance. His economic work appeared in Reflections sur la formation et la distribution des richesses, published in 1766. In this work he gave a clear analysis of the law of diminishing returns. He demonstrated how more and more applications of a factor of production (capital) to a constant factor (land) will first increase then decrease the return at the margin. He was the first to equate capital accumulation with saving, a view which became a central feature of classical economics.

Turnover. The total sales revenue of a business.

Best Luxury Hotels in Hawaii Top 10 – Page 3 of 10 – Alux.com

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Top Resorts in Hawaii : Stay at Hawaii’s Most Luxurious Resorts …

Top Resorts in Hawaii : Stay at Hawaii’s Most Luxurious Resorts …

Waikoloa Village

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