Fintech on supervisorsâ radar screens31 Aug 2017 As cyber risks materialise and traditional banking business models come under increasing pressure, the Basel Committee analyses the risks and opportunities brought by financial technology for customers, banks and supervisors.
Also found in: Thesaurus, Medical, Legal, Financial, Encyclopedia, Wikipedia. Related to Celsius scale: Celsius, Fahrenheit scale, Kelvin scale. n. (Units) a scale of temperature in which 0Â° represents the melting point of ice and 100Â° represents the boiling point of water.
The Origin of the Celsius Scale. Anders Celsius, a professor of astronomy at the University of Uppsala, Sweden, devised a temperature scale in 1741. His original scale had 0 degrees at the point where water boiled and 100 degrees at the point where water froze. Because there were 100 degrees between the defining points of the scale, it was a type of centigrade scale. Upon Celsius' death, the endpoints of the scale were switched (0Â°C was the freezing points of water; 100Â°C was the boiling point of water) and the scale became known as the centigrade scale.