When Quicken downloads transactions, it guesses at what the spending categories should be if you don't have one or more categories set up for a payee. Setting up memorized payees makes manually entering transactions faster and ensures that the correct categories are associated with downloaded transactions.
LAN. noun. A system that links together electronic office equipment, such as computers and printers, and forms a network within an office, building, or group of buildings. l(ocal) a(rea) n(etwork) .
host computer. Main or controlling computer connected to other computers or terminals to which it provides data or computing services via a network. It is similar to a server in a client-server architecture. In the modern peer to peer networking (such as networking over the Internet) every computer is a peer and also a host to every other computer connected to the network. The name reflects the biological relationship between a host and parasites.