Electronic Funds Source LLC (EFS) is a leading provider of corporate and fleet payment solutions that enable companies to drive efficiencies and improve bottom line performance. Electronic Funds Source LLC (EFS) is a leading provider of corporate and fleet payment solutions that enable companies to drive efficiencies and improve bottom line performance.
The speaker's official role is to moderate debate, make rulings on procedure, announce the results of votes, and the like. The speaker decides who may speak and has the powers to discipline members who break the procedures of the chamber or house. The speaker often also represents the body in person, as the voice of the body in ceremonial and some other situations.
The most widely-used type of speaker today is the dynamic speaker, invented in 1925 by Edward W. Kellogg and Chester W. Rice. The dynamic speaker operates on the same basic principle as a dynamic microphone, but in reverse, to produce sound from an electrical signal.