Business Terms and Jargon Explained

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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Secured creditor Labour Value billing
Mediation Hedging Krugerrand
Petty Cash Demand Annual exemption
K.I.S.S Taxation of costs Paradigm shift
Billion Enterprise Value Calculated risk
SME Blue-collar worker N279 Civil Court form
Covenant Auction Medium of exchange
Outward Processing Relief Par delictum N294 Civil Court form
N235 Civil Court form Aggregate Supply QUANGO
Write-off Consignee fringe benefits
Voidable Boil the ocean Snail mail
Non constat Regressive Tax Magnum opus
IOU Internet and email usage policy N16A Civil Court form

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

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