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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Credit-Worthiness Relative Cost Balance of payments (BOP)
Bank Reconciliation QC Coin of the realm
IP Non-Status Mortgage Over Trading
Keiretsu Mitigating Circumstances Womb to Tomb
Interium Gold Standard Macro environment
Trade Creditors Purchasing economies SHA384
Price Transparency Default Judgment Billing
Home Working DLL Federal Reserve
Naira Liquidity Urlencode
Tax Month Business Class Standing Order
Budget NIDAC Open court
Annual exemption Equity Rates London Agreement
Idem Nontrade receivables Employment contracts

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

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