CZK
Currency abbreviation for the Czech koruna, the official legal tender of the Czech Republic. The currency has been used since February 1993 upon replacing Czechoslovak koruna. The Czech National Bank regulates the currency, with coins in 1, 2, 5, 10, 20 and 50 denominations and banknotes in 50, 100, 200, 500, 1,000, 2,000 and 5,000 denominations.
POPULAR TERMS
Mature Economy
An economic situation where the birth rate is stable or lower than mortality rate, as well as the pace of economic growth has slowed down. It is ch ...
Blackberry Addiction
Colloquial term for overreliance or overuse of Blackberry. The smartphone is manufactured by Research in Motion. It is a prevailing condition for s ...
Completed Contract Method - CCM
Accounting method allowing a taxpayer or business to defer reporting of income and expenses until the contract has been completed. Frequently, this ...
Choice Market
Market in which the spread between the bid and ask prices for a particular financial instrument is zero. Meaning the instrument can be purchased fo ...
Rational Pricing
A theory that states the prices that reflect a security’s fundamental value and the absence of arbitrage opportunities.
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