LINDEN DOLLAR
Virtual economic currency utilized in the Second Life. The currency symbol is L, postfixed or prefixed. Sometimes, K means thousands of linen; hence 1K is equal to 1000L. The Second Life was formed by Linden Lab, developer of digital entertainment, and launched it in June 2003. Program users are called residents and these ‘residents’ interact with other users using avatars. Avatars can socialize, participate in various activities, and travel around the world. Also, residents can create and trade virtual property, goods, and/or services with fellow residents. Second Life aims to let users be immersed in a virtual world through a community-driven and user-created experience.
POPULAR TERMS
Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
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| 02:30 | PMI Manufacturing | Nov | |
| 02:30 | Company Operating Profits | 3 quarter | |
| 02:30 | ANZ Jobs Advertisements | Nov | |
| 03:45 | Markit Final Manufacturing PMI | Nov | |
| 07:30 | Commodity Prices | Nov | |
| 09:30 | Retail Sales | Oct | |
| 10:15 | PMI Manufacturing | Nov | |
| 10:45 | PMI Manufacturing | Nov | |
| 10:50 | PMI Manufacturing | Nov |
