Business Terms and Jargon Explained

What is Gold Standard

The gold standard used to up back paper money. They where exchangeable with gold at the bank or the main government bank. As it was easier to carry and trade with there was not much demand for the exchange. Most currencies in the world where backed either by gold or silver. Fiat money is what most currencies consist of these days and are not backed by gold or silver.

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DNO Fiscal Policy Devils Advocate
Ram De jure Reporting Period
Caution Astute Beneficial Owner
JVCC T-account Manufacturing cell
Application Golden Parachutes Paying Agent
Close company Bankrupt Quality Assurance
Ademption Board of Directors Variance
Beneficial loan Warrant of arrest Vest
Proactive E.C.B Loan Agreement
Quaere X Bar Convention right
Afghani Offshore Investments To adjourn
Confidentiality agreement Crypto-jacking Intellectual property
Administration order Trade discount Zloty

Term created / updated 2017-06-26 18:03:46

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