western union

listen to the pronunciation of western union
English - Turkish

Definition of western union in English Turkish dictionary

Related Terms

Western European Union
(Askeri) Batı Avrupa Birliği
English - English
Former U.S. telegraph company and contemporary provider of electronic financial transactions. From its foundation in 1851 as a company formed to build a telegraph line from Buffalo, N.Y., to St. Louis, Mo., in 1856 the expanding business was reorganized as the Western Union Telegraph Co. By the end of 1861 Western Union had built the first transcontinental telegraph line. The company introduced singing telegrams in 1933. Western Union continued to grow, absorbing competitors such as Postal Telegraph Inc. in 1943. As telegraphy was superseded by other methods of telecommunication, Western Union diversified into teletypewriter services, money orders, and mailgrams. It launched the telecommunications satellite Westar 1 in 1974 and was operating five satellites by 1982. In 1988 the company was reorganized as Western Union Corp. to handle money transfers and related services. After declaring bankruptcy in 1993, it sold its financial services arm in 1994 to First Financial Management Corp., and in 1995 that company merged with First Data Corp. The renamed Western Union Financial Services, Inc., became a world leader in electronic (including Internet) transactions

Related Terms

Western European Union
Association of 10 European countries to coordinate matters of European security and defense. The WEU was formed in 1955 as an outgrowth of the Brussels Treaty of 1948. Composed of Belgium, France, Germany, Greece, Italy, Luxembourg, The Netherlands, Portugal, Spain, and Britain, it works in cooperation with NATO and the European Union and is administered by a council of the foreign affairs and defense ministers of the member countries. There are also several associate members, observers, and associate partners. It is headquartered in Brussels
western union

    Hyphenation

    west·ern un·ion

    Turkish pronunciation

    hwestırn yunyın

    Pronunciation

    /ˈhwestərn ˈyo͞onyən/ /ˈhwɛstɜrn ˈjuːnjən/
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