Mainframe Computers

PL/I (Programming Language)
PL/I (Programming Language One) is a highly versatile programming language developed by IBM in the early 1960s to support its System/360 mainframe computers. Renowned for its ability to handle scientific, engineering, and business applications, PL/I combines features from different programming paradigms, making it a powerful tool for various computational needs.
Time-Sharing
Time-Sharing is a method employed in both computing and real estate contexts to optimize resource utilization by allowing multiple users or owners to access the same resource within designated intervals. In computing, it refers to the execution of multiple programs simultaneously, while in real estate, it pertains to multiple owners sharing possession of a property during specified time intervals.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.