Geocentric Coordinate Time Geocentric Coordinate Time Geocentric Coordinate Time (TCG - Temps-coordonnée géocentrique) is a coordinate time standard intended to be used as the independent variable of time for all calculations pertaining to precession, nutation, the Moon, and artificial satellites of the Earth. It is equivalent to the proper time experienced by a clock at rest in a coordinate frame co-moving with the center of the Earth: that is, a clock that performs exactly the same movements as the Earth but is outside the Earth's gravity well. It is therefore not influenced by the gravitational time dilation caused by the Earth. TCG was
Central bank In this context, independence is usually defined as the central bank's operational and management independence from the government. Central bank independence is usually guaranteed by legislation and the institutional framework governing the bank's relationship with elected officials, particularly the minister of finance. Central bank legislation will enshrine specific procedures for selecting and appointing the head of the central bank. Often the minister of finance will appoint the governor in consultation with the central bank's board and its incumbent governor. In addition, the legislation will specify banks governor's term of appointment. The most independent central banks enjoy a fixed non-renewable term