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Joke Of The Day:


In The War!


Long long ago, there were war going in between Britain and France. During one of the battle, The French captured an English major. At the end of the war, they took
the major to their headquarters; The French general began to question the Major.
Initially the French general asked, "Why do you English officers
all wear red coats? Don't you know fools, the red material makes you easier targets for us to shoot at?"

In his poor and bland English way, the Major informed the general that the reason English officers wear red coats is so that
if they are shot, the blood won't show and the men they are leading won't get panic in the battlefield.
And that is of course why from that day forward all French
Army officers wearing always the brown pants!

[Contributed By: Nike K. Japlan, California, USA]


Word Of The Day:

Underwriting:


Underwritingof determining risk inherent in a particular loan and establishing suitable loan terms and conditions.
Underwriting refers to the process that a large financial service provider (for ex: bank, insurer, any type of investment house) uses to assess the process of providing access to their product like providing equity capital, insurance or credit to a customer. The name derives from the Lloyd's of London insurance market in London, United Kingdom.


Quote Of The Day:


"Science is organized knowledge. Wisdom is organized life." -- Immanuel Kant


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