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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 ?
"We looked our last on snowy mountains and rushing river," recalled Sexton, "and with precious cameras loaded with snap-shots or time-exposures, and more precious memories Time himself cannot obliterate, went out cityward assured of the Sierra Club's successful expedition.
Scott, Negro Migration During the War (New York, 1920); Birtha Swindell, "Negro Migration," in "The Negro in Illinois Survey," Illinois Writers Project, Works Progress Administration, at Carter Woodson Branch of the Chicago Public Library, reel 5; Louise Venable Kennedy, The Negro Peasant Turns Cityward (New York, 1930), 42-55; Tuttle, Race Riot, 74-107; Daniel Nelson, Managers and Workers: the Origins of the New Factory System, 1880-1920 (Madison, 1975), 146-48; Florette Henri, Black Migration: Movement North, 1900-1920 (Garden City, 1975); Alma Herbst, "The Negro in the Slaughtering and Meatpacking Industry in Chicago" (Ph.D.
Compounding this secular trend there occurred a series of harvest failures and sharp price rises in articles of basic popular consumption after 1800, producing the same effects--popular immiseration, unemployment, business collapse, cityward migrations, and so forth--characteristic of most ancien regime economies in the grip of crises de subsistences.