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Federal Reserve System

(Encyclopedia)Federal Reserve System, central banking system of the United States. Established in 1913, it began to operate in Nov., 1914. Its setup, although somewhat altered since its establishment, particularly ...

altazimuth coordinate system

(Encyclopedia)altazimuth coordinate system ăltăzˈəməth [key] or horizon coordinate system, astronomical coordinate system in which the position of a body on the celestial sphere is described relative to an obs...

instrument-landing system

(Encyclopedia)CE5 Instrument-landing system (ILS), the most common instrument-landing approach system, uses two beams to guide an airplane. instrument-landing system (ILS), ground-based radio system designed to...

international monetary system

(Encyclopedia)international monetary system, rules and procedures by which different national currencies are exchanged for each other in world trade. Such a system is necessary to define a common standard of value ...

Independent Treasury System

(Encyclopedia)Independent Treasury System, in U.S. history, system for the retaining of government funds in the Treasury and its subtreasuries independently of the national banking and financial systems. In one for...

galactic coordinate system

(Encyclopedia)galactic coordinate system, astronomical coordinate system in which the principal axis is the galactic equator (the intersection of the plane of the Milky Way with the celestial sphere) and the refere...

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