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) .
A LAN is a generic type of network, Local Area Network. Ethernet is one type of LAN, but not the only one, just the overwhelmingly most widely used - in a variety of incarnations, including WiFi. So: an Ethernet port is a LAN port, but a LAN port is not necessarily an Ethernet port. Views Â· View Upvotes.