Business terms and jargon explained. Your business dictionary

What is BitPay

Bitpay is a payment processing provider for shops and business to accept payments in bitcoin. The price in converted to bitcoin which allows the buyer to pay and the seller receives the payment in bitcoin or their local currency.

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Vertical integration Net income Internal Control Bona fide
Quasi-judicial functions Mouse potato Judiciary Bad debt
Intangible Assets Public trustee Easement Fill or kill
N16A Civil Court form Discretionary Trust Import Duty EMS
Rainmaker Households IANAL Forex
SME Peripheral Utter Share Capital
N161 Civil Court form Quasi-corporations Audit Trail Monetary Policy
Mutual Linking Agreement Not negotiable NVR Assignor
Mission critical Tontine Warrant Banana Problem
Peer Easter egg N268 Civil Court form Snail mail

Term created / updated 2014-01-27 20:49:58

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

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