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The City

An area in London that forms the center of its financial district. The City is legally called "the City of London" and once formed the entirety of London. The Bank of England, the London Stock Exchange and Lloyd's, among others, are headquartered in the City. In the 1800s, the City was the world's primary financial center and it remains very important. Because of its influence on the wider financial world, the City is often used as a byword for the financial industry in the United Kingdom and its lobbyists. The sheer amount of money traded in the City renders it vitally important to the global economy as well. Interestingly, both businesses and individuals may vote in City elections.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

City (of London)

the centre of the UK's FINANCIAL SYSTEM, embracing the MONEY MARKETS (commercial banks, etc.), CAPITAL MARKET (STOCK EXCHANGE), FOREIGN EXCHANGE MARKET, COMMODITY MARKETS and INSURANCE MARKETS. The City of London is also a major international financial centre and earns Britain substantial amounts of foreign exchange on exports of financial services.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Only the cities of Region I (Ilocos) and Region IX (Zamboanga Peninsula) registered 100-percent compliance.
The environmental impacts of cities are enormous, due both to their increasing demographic weight and to the amount of natural resources that they consume.
Baltimore's West Ordinance was not explicitly modeled on segregationist efforts in cities abroad, nor did its major proponents leave any evidence that they were specifically aware of or in touch with people leading such efforts elsewhere in the world.
Stepping up and taking a leadership role in economic development is necessary, because smaller cities with budget woes don't have adequate resources to devote to long-term planning.
Of course, American cities and their state- and federal-support systems have their own ways of procuring urban infrastructure, and New Orleans is following these now to mend roads and patch up levees--but discontinuities, and worse, in such methods are what lay behind the tragedy of the flood.
The cities had the jobs, and new arrivals from the countryside provided the factories with cheap, plentiful labor.
And while he says he thinks more cities will want increased financial accountability from schools and more oversight, he's not certain mayoral control over school districts will sweep the nation.
1 The concrete and dark asphalt in cities absorb energy from the sun's rays and warm the air.
Not surprisingly, Finkle feels that eminent domain is critical to the revitalization of cities. Few projects in urban areas occur on small, isolated lots, and the costs of negotiating with dozens of property owners are simply too high, he argues.
Well, returning to our question, the second reason cities are important for Christians is because, in ways that are mysterious in the Scriptures, civic living has eschatological significance because it is to be experienced (as Augustine recognized) in the light of the city of God as the true res republica.

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