Business Terms and Jargon Explained

What is Cryptocurrency

This is virtual currencies based on mathematics on the internet. Used instead of hard currencies (know as fiat currency) and is produced by solving a mathematical problems. These currencies have become popular in an inflationary world where money can be printed but is not backed up by gold. Bitcoin, litecoin, quarkcoin, megacoin, maxcoin are example,s, however there are hundreds with different degrees of capitalisation, prices, security and quantities created. See our itcoin page for prices.

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Golden Handcuffs Fiscal Policy Venire
Monopoly Budget account Restraint of trade
Gratuitous Fixed Assets Benchmark
fringe benefits Tax rebate Plaintiff
Bad debt Puisne Judge Vide
To arraign Tax Form - P45 Ex facie
Free Trade Actuary Stet
Voidable F2F Private Treaty
World Intellectual Property Office MBPS Rural Payments Agency
Payout Period Kickback Repo
Uncollected funds Calculated risk Credit Scoring
Living Wage Whistleblower Convertible securities
B2B T-account Petty Cash

Term created / updated 2018-05-18 12:12:52

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