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) .
Stands for Wireless Local Area Network.. A WLAN, or wireless LAN, is a network that allows devices to connect and communicate wirelessly. Unlike a traditional wired LAN, in which devices communicate over Ethernet cables, devices on a WLAN communicate via Wi-Fi.