Fund management companies gather pools of money from many investors and use them to purchases securities. These funds are managed by professional investment managers, which may generate higher returns with reduced risks by asset diversification. The size of these funds could be a little as a few millions or as much as multibillions. The purpose of these funding activities is mainly aiming to pursue individual or organization profits.
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The Scheme language is standardized in the official IEEE standard and a de facto standard called the Revisedn Report on the Algorithmic Language Scheme (RnRS). The most widely implemented standard is R5RS (1998); a new standard, R6RS, was ratified in 2007. Scheme has a diverse user base due to its compactness and elegance, but its minimalist philosophy has also caused wide divergence between practical implementations, so much that the Scheme Steering Committee calls it "the world's most unportable programming language" and "a family of dialects" rather than a single language.
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A feature of R6RS is the record-type descriptor (RTD). When an RTD is created and used, the record type representation can show the memory layout. It also calculated object field bit mask and mutable Scheme object field bit masks, and helped the garbage collector know what to do with the fields without traversing the whole fields list that are saved in the RTD. RTD allows users to expand the basic RTD to create a new record system.
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The R6RS standard has caused controversy because it is seen to have departed from the minimalist philosophy. In August 2009, the Scheme Steering Committee, which oversees the standardization process, announced its intention to recommend splitting Scheme into two languages: a large modern programming language for programmers; and a small version, a subset of the large version retaining the minimalism praised by educators and casual implementors. Two working groups were created to work on these two new versions of Scheme. The Scheme Reports Process site has links to the working groups' charters, public discussions and issue tracking system.
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In contrast to Common Lisp, all data and procedures in Scheme share a common namespace, whereas in Common Lisp functions and data have separate namespaces making it possible for a function and a variable to have the same name, and requiring special notation for referring to a function as a value. This is sometimes known as the "Lisp-1 vs. Lisp-2" distinction, referring to the unified namespace of Scheme and the separate namespaces of Common Lisp.
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^ Joel Moses (June 1970), The Function of FUNCTION in LISP, or Why the FUNARG Problem Should Be Called the Environment Problem, hdl:1721.1/5854, AI Memo 199, A useful metaphor for the difference between FUNCTION and QUOTE in LISP is to think of QUOTE as a porous or an open covering of the function since free variables escape to the current environment. FUNCTION acts as a closed or nonporous covering (hence the term "closure" used by Landin). Thus we talk of "open" Lambda expressions (functions in LISP are usually Lambda expressions) and "closed" Lambda expressions. [...] My interest in the environment problem began while Landin, who had a deep understanding of the problem, visited MIT during 1966-67. I then realized the correspondence between the FUNARG lists which are the results of the evaluation of "closed" Lambda expressions in LISP and ISWIM's Lambda Closures.
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In economics funds are injected into the market as capital by lenders and taken as loans by borrowers. There are two ways in which the capital can end up at the borrower. The lender can lend the capital to a financial intermediary against interest. These financial intermediaries then reinvest the money against a higher rate. The use of financial intermediaries to finance operations is called indirect finance. A lender can also go the financial markets to directly lend to a borrower. This method is called direct finance.
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The reliance on lists as data structures is shared by all Lisp dialects. Scheme inherits a rich set of list-processing primitives such as cons, car and cdr from its Lisp progenitors. Scheme uses strictly but dynamically typed variables and supports first class procedures. Thus, procedures can be assigned as values to variables or passed as arguments to procedures.
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In the R5RS standard and also in later reports, the syntax of Scheme can easily be extended via the macro system. The R5RS standard introduced a powerful hygienic macro system that allows the programmer to add new syntactic constructs to the language using a simple pattern matching sublanguage (R5RS sec 4.3). Prior to this, the hygienic macro system had been relegated to an appendix of the R4RS standard, as a "high level" system alongside a "low level" macro system, both of which were treated as extensions to Scheme rather than an essential part of the language.
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Funding is the act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or company. Generally, this word is used when a firm uses its internal reserves to satisfy its necessity for cash, while the term financing is used when the firm acquires capital from external sources.
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The introduction of lexical scope resolved the problem by making an equivalence between some forms of lambda notation and their practical expression in a working programming language. Sussman and Steele showed that the new language could be used to elegantly derive all the imperative and declarative semantics of other programming languages including ALGOL and Fortran, and the dynamic scope of other Lisps, by using lambda expressions not as simple procedure instantiations but as "control structures and environment modifiers". They introduced continuation-passing style along with their first description of Scheme in the first of the Lambda Papers, and in subsequent papers, they proceeded to demonstrate the raw power of this practical use of lambda calculus.
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These meditations were entirely employed on Mr Allworthy's fortune; for, first, he exercised much thought in calculating, as well as he could, the exact value of the whole: which calculations he often saw occasion to alter in his own favour: and, secondly and chiefly, he pleased himself with intended alterations in the house and gardens, and in projecting many other schemes, as well for the improvement of the estate as of the grandeur of the place: for this purpose he applied himself to the studies of architecture and gardening, and read over many books on both these subjects; for these sciences, indeed, employed his whole time, and formed his only amusement.
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The elegant, minimalist design has made Scheme a popular target for language designers, hobbyists, and educators, and because of its small size, that of a typical interpreter, it is also a popular choice for embedded systems and scripting. This has resulted in scores of implementations, most of which differ from each other so much that porting programs from one implementation to another is quite difficult, and the small size of the standard language means that writing a useful program of any great complexity in standard, portable Scheme is almost impossible. The R6RS standard specifies a much broader language, in an attempt to broaden its appeal to programmers.
Prior to R5RS, Scheme had no standard equivalent of the eval procedure which is ubiquitous in other Lisps, although the first Lambda Paper had described evaluate as "similar to the LISP function EVAL" and the first Revised Report in 1978 replaced this with enclose, which took two arguments. The second, third and fourth revised reports omitted any equivalent of eval.