DOGECOIN
Decentralized, peer-to-peer open source virtual currency under the category of altcoins. Introduced in 2013, the cryptocurrency’s logo is a Shiba Inus, a Japanese dog. Although seemed casual in approach, it has been attracting wide acceptance for online transactions. It employs peer-to-peer technology in carrying out its transactions. The digital currency is scrypt based that allows fast payments to anyone, anywhere in the world.
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Asset Substitution Problem
A problem which arises when a company trades its low-risk assets for high-risk investments. This substitution moves the value from the bondholders ...
Lawful Money
Any currency, in coin or paper form, that is issued by the United States Treasury, not the Federal Reserve System. It also includes gold and silver ...
Red Clause Letter Of Credit
It refers to a specific type of letter of credit where a buyer extends an unsecured loan to a seller. This permits documentary credit beneficiaries ...
Trust Certificate
Bond or debt investment backed by other assets and serve like a collateral. Normally in a public company, the assets may be seized or sold for the ...
Cowboy Marketing
Slang term for a situation in which a firm is unaware a marketer sends massive spam emails to everyone promote the stock, instead of producing legi ...
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| 08:00 | Public Sector Net Borrowing | Mar |
