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In a steam engine, cutoff is the point in the piston stroke at which the inlet valve is closed. On a steam locomotive, the cutoff is controlled by the reversing gear . The point at which the inlet valve closes and stops the entry of steam into the cylinder from the boiler plays a crucial role in the control of a steam engine.
Newcomen's atmospheric steam engine. The first practical mechanical steam engine was introduced by Thomas Newcomen in 1712. Newcomen apparently conceived his machine independently of Savery, but as the latter had taken out a wide-ranging patent, Newcomen and his associates were obliged to come to an arrangement with him, marketing the engine until 1733 under a joint patent.
Discounting. In finance, discounting is a mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for a charge or fee. [1] Essentially, the party that owes money in the present purchases the right to delay the payment until some future date. [2]
Marxian economics. In Marxian economics, surplus value is the difference between the amount raised through a sale of a product and the amount it cost to manufacture it: i.e. the amount raised through sale of the product minus the cost of the materials, plant and labour power. The concept originated in Ricardian socialism, with the term "surplus ...
President Franklin D. Roosevelt, 1933 In 1933, the Roosevelt administration during the New Deal made the first attempt at establishing a national minimum wage regiment with the National Industrial Recovery Act, which set minimum wage and maximum hours on an industry and regional basis. The Supreme Court, however, in Schechter Poultry Corp. v. United States (1935) ruled the act unconstitutional ...
Adelaide Steamship Company building, Currie Street, Adelaide in 1917 (built 1903, dem. 1986) The Adelaide Steamship Company Charles D'Ebro designed building in Melbourne during the early 1900s. The Adelaide Steamship Company was an Australian shipping company, later a diversified industrial and logistics conglomerate.
P&O. Headquarters. London, England. Products. Cargo services, Thames pleasure cruises. The General Steam Navigation Company (GSN), incorporated in 1824, was London 's foremost short sea shipping line for almost 150 years. It was the oldest shipping company in the world to begin business with seagoing steam vessels.
The cut-off point determines the moment when the valve blocks a steam port, "cutting off" admission steam and thus determining the proportion of the stroke during which steam is admitted into the cylinder; for example a 50% cut-off admits steam for half the stroke of the piston. The remainder of the stroke is driven by the expansive force of ...
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