XPayIndustry WIKIBack to home
XPAY KNOWLEDGE

Industry WIKI

Digital assets and currencies

Understand assets, networks and trading mechanics with sources you can check.

Banking

Steve Wilson (Ohio politician)

Steve Wilson (born May 29, 1950) is the state senator for the 7th District of the Ohio Senate. He is a Republican. The district covers Warren County, a portion of Butler County including parts of Middletown and a portion of Hamilton County, including Blue Ash and Springdale.

Trading basics

Steven Rattner

Steven Lawrence Rattner (born July 5, 1952) is an American investor, media commentator, and former journalist. He is currently chairman and chief executive officer of Willett Advisors, the private investment firm that manages billionaire former New York mayor Michael Bloomberg's personal and philanthropic assets. He began his career as an economic reporter for The New York Times before m

Finance

Stiglitz Report

The Stiglitz Report: Reforming the International Monetary and Financial Systems in the Wake of the Global Crisis is a book documenting the necessary changes and reforms of the international financial institutions during the 2008 financial crisis and the Great Recession. Written by a commission chaired by Nobel laureate economist Joseph Stiglitz, the report frames the crisis as part of a

Trading basics

Stochastic oscillator

Stochastic oscillator is a momentum indicator within technical analysis that uses support and resistance levels as an oscillator. George Lane developed this indicator in the late 1950s. The term stochastic refers to the point of a current price in relation to its price range over a period of time. This method attempts to predict price turning points by comparing the closing price of a

Finance

Stochastic partial differential equation

In mathematics, stochastic partial differential equations (SPDEs) are a generalization of partial differential equations via random force terms and coefficients, in the same way ordinary stochastic differential equations generalize ordinary differential equations.

Securities & exchanges

Stock exchanges in Ukraine

Stock exchanges in Ukraine are stock exchanges based in Ukraine. Stock exchanges really surfaced by the end of the 1990s, but it was not until the Orange Revolution when stock market in Ukraine showed a noticeable growth. As of 2020, a number of stock exchanges in Ukraine were owned by Russians.

Securities & exchanges

Stock fund

A stock fund, or equity fund, is a fund that invests in stocks, also called equity securities. Stock funds can be contrasted with bond funds and money funds. Fund assets are typically mainly in stock, with some amount of cash, which is generally quite small, as opposed to bonds, notes, or other securities. This may be a mutual fund or exchange-traded fund. The objective of an equity fun

Finance

Stock market

A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called as shares), which represent ownership claims on businesses; these may include securities listed on a public stock exchange as well as stock that is only traded privately, such as shares of private companies that are sold to investors through equity crowdfunding platforms. Invest

Trading basics

Stock market bubble

A stock market bubble is a type of economic bubble taking place in stock markets when market participants drive stock prices above their value in relation to some system of stock valuation.

Securities & exchanges

Stock market crash

A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic selling and underlying economic factors. They often follow speculation and economic bubbles.

Finance

Stock market crashes in India

Since the beginning of the Bombay stock exchange, stock markets in India, particularly the Bombay Stock Exchange and National Stock Exchange of India have seen a number of booms as well as crashes.

Securities & exchanges

Stock market data systems

Stock market data systems communicate market data—information about securities and stock trades—from stock exchanges to stockbrokers and stock traders.

Securities & exchanges

Stock market equivalence

Stock market equivalence is granted by the European Union to those countries whose stock markets are deemed to be 'equivalent' to those of the EU countries. On 3 January 2018, the EU implemented the "Markets in Financial Instruments Directive II" (colloquially known as "MiFID II") which required all European investment firms & traders to trade the shares of a company listed in the EU on

Securities & exchanges

Stock market index

In finance, a stock market index or stock index is an index that measures the performance of a stock market, or of a subset of a stock market. It helps investors compare current stock price levels with past prices to calculate market performance.

Securities & exchanges

Stock market index future

In finance, a stock market index future is a cash-settled futures contract on the value of a particular stock market index. The turnover for the global market in exchange-traded equity index futures is notionally valued, for 2008, by the Bank for International Settlements at US$130 trillion.

Finance

Stock trader

A stock trader or equity trader or share trader, also called a stock investor, is a person or company involved in trading stocks and attempting to profit from the purchase and sale of those securities. Stock traders may be an investor, agent, hedger, arbitrageur, speculator, or stockbroker. Such equity trading in large publicly traded companies may be through a stock exchange. Stock shar

Securities & exchanges

StockHolding Corporation of India

Stock Holding Corporation of India Limited (StockHolding) was an Indian custodian and depository participant, based in Mumbai, Maharashtra. StockHolding was established in 1986 as a public limited company and is a subsidiary of IFCI. StockHolding became a subsidiary of IFCI Limited on April 7, 2015, which is a Government Company. Being a subsidiary of a Government Company, StockHolding a

Trading basics

Stockholm congestion tax

The Stockholm congestion tax (Swedish: Trängselskatt i Stockholm), also referred to as the Stockholm congestion charge, is a congestion pricing system implemented as a tax levied on most vehicles entering and exiting central Stockholm, Sweden. The congestion tax was implemented on a permanent basis on 1 August 2007, after a seven-month trial period between 3 January 2006 and 31 July 200

Securities & exchanges

StockTwits

Stocktwits is a social media platform designed for sharing ideas between investors, traders, and entrepreneurs. Founded in 2008 by Howard Lindzon and Soren McBeth, it introduced the use of the cashtag, a way to group discussions around a stock symbol preceded by a dollar sign. Stocktwits eventually became a standalone network where users share market sentiment, ideas, and strategies in

Trading basics

StockX

StockX is an online marketplace and clothing reseller, primarily of sneakers. Since November 2020, it has also opened up to electronic products such as game consoles, smartphones and computer hardware. The Detroit-based company was founded by Dan Gilbert, Josh Luber, Greg Schwartz, and Chris Kaufman in 2015–2016. StockX has more than 800 employees in Downtown Detroit. StockX currently ha

Trading basics

Stop of the Exchequer

The Great Stop of the Exchequer or Stop of the Exchequer was a repudiation of state debt that occurred in England in 1672 under the reign of Charles II of England.

Banking

Strahan, Paul & Bates

Strahan, Paul & Bates was a London private banking house founded in the 17th century and with a reputation for respectability. The bank failed in 1855 with liabilities eventually estimated at £750,000 (equivalent to £70,000,000 in 2025). The subsequent bankruptcy proceedings revealed that customers' securities had been sold or otherwise disposed of by the partners and the proceeds had be

Trading basics

Strategic Investment Fund of the Democratic Republic of the Congo

The Strategic Investment Fund of the Democratic Republic of the Congo (French: Fonds d'investissement stratégique de la République démocratique du Congo; FIS-RDC) is a state-owned strategic investment fund established in 2025 by the Ministry of Finance to mobilize financing, manage state assets, and support long-term economic development.

Trading basics

Strategy index

Strategy index is an index that tracks the performance of an algorithmic trading strategy. It is a way to measure the performance of a particular strategy over time. Like an index that tracks a particular stock market, a strategy index does the same for a trading algorithm. The trading strategy may as simple as a market sector defined by stocks that belong to one specific industry to com

Trading basics

Stratton Oakmont

Stratton Oakmont, Inc. was an American over-the-counter brokerage house founded in 1989 by Jordan Belfort and Danny Porush. The firm defrauded many shareholders, leading to the arrest and incarceration of several executives and the closing of the firm in 1996.

Trading basics

Stratus Technologies

Stratus Technologies, Inc. is a major producer of fault tolerant computer servers and software. The company was founded in 1980 as Stratus Computer, Inc. in Natick, Massachusetts, and adopted its present name in 1999. The current CEO and president is Dave Laurello. The founder of Stratus was Bill Foster, who was CEO until Stratus was acquired by Ascend Communications in 1999. Prior to 20

Trading basics

Street marketing

Street marketing is a form of guerrilla marketing that uses nontraditional or unconventional methods to promote a product or service. Many businesses use fliers, coupons, posters and art displays as a cost-effective alternative to the traditional marketing methods such as television, print and social media. Based on the shifting characteristics of modern-day consumers – such as increased

Trading basics

Stress test (financial)

In finance, a stress test is an analysis or simulation designed to determine the ability of a given financial instrument or financial institution to deal with an economic crisis. Instead of doing financial projection on a "best estimate" basis, a company or its regulators may do stress testing where they look at how robust a financial instrument is in certain crashes, a form of scenario

Trading basics

Strinova

Strinova (formerly CalabiYau) is a third-person tactical hero shooter developed and published by iDreamSky. It introduces "stringification", a mechanic which allows players to switch between a 3D and a paper-like 2D form of their character. The game started development in 2019 and was released in China on February 1, 2024. It was released globally on November 21, 2024.

Fiat currencies

Strong dollar policy

Strong dollar policy is United States economic policy based on the assumption that a "strong" exchange rate of the United States dollar (meaning it takes fewer dollars to purchase the same amount of another currency) is in the interests of the United States. In 1971, Treasury Secretary John Connally famously remarked how the US dollar was "our currency, but your problem," referring to ho

Finance

Structured Financial Messaging System

Structured Financial Messaging System (SFMS) is a secure messaging standard developed to serve as a platform for intra-bank and inter-bank applications. It is an Indian standard similar to SWIFT which is the international messaging system used for financial messaging globally.

Finance

Structured investment vehicle

A structured investment vehicle (SIV) is a non-bank financial institution established to earn a credit spread between the longer-term assets held in its portfolio and the shorter-term liabilities it issues. They are simple credit spread lenders, frequently "lending" by investing in securitizations, but also by investing in corporate bonds and funding by issuing commercial paper and medi

Trading basics

Structured settlement

A structured settlement is a negotiated financial or insurance arrangement through which a claimant agrees to resolve a personal injury tort claim by receiving part or all of a settlement in the form of periodic payments on an agreed schedule, rather than as a lump sum. As part of the negotiations, a structured settlement may be offered by the defendant or requested by the plaintiff. Ult

Banking

Structuring

Structuring, also known as smurfing in banking jargon, is the practice of executing financial transactions such as making bank deposits in a specific pattern, calculated to avoid triggering financial institutions to file reports required by law, such as the United States' Bank Secrecy Act (BSA) and Internal Revenue Code section 6050I (relating to the requirement to file Form 8300). Struc

Trading basics

Student Initiative Rahel

The Student Initiative Rahel (German: Rahel-Bildungsprojekt) was a project of the Institute for World Church and Mission (IWM, German: Institut für Weltkirche und Mission), which is part of the Sankt Georgen Graduate School of Philosophy and Theology in Frankfurt-Sachsenhausen. The nonprofit project started in 2010 and collected money until 2017, financing scholarships for disadvantaged

Trading basics

Style drift

Style drift occurs when a mutual fund's actual and declared investment style differs.

Trading basics

SUBE card

The Sistema Único de Boleto Electrónico (Unique Electronic Ticket System, mostly known for its acronym SUBE) is a contactless smart card system introduced in Argentina in February 2009. It is used on public transport services within the Buenos Aires metropolitan area and other Argentine cities and was promoted by the Argentine Secretary of Transportation. It is valid on a number of diffe

Trading basics

Subordinated debt

In finance, subordinated debt (also known as subordinated loan, subordinated bond, subordinated debenture or junior debt) is debt which ranks after other debts if a company falls into liquidation or bankruptcy.

Trading basics

Subprime lending

In finance, subprime lending (also referred to as near-prime, subpar, non-prime, and second-chance lending) is the provision of loans to people who may have difficulty maintaining the repayment schedule.

Securities & exchanges

Subprime mortgage crisis

The American subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010, contributing to the 2008 financial crisis. It led to a severe economic recession, with millions becoming unemployed and many businesses going bankrupt. The U.S. government intervened with a series of measures to stabilize the financial system, including the Troubled Asset Relie

Finance

Subsidies in Iran

The economy of Iran includes a lot of subsidies. Food items, such as flour and cooking oil, are subsidized, along with fuels such as gasoline. However cutting subsidies can cause civil unrest.

Trading basics

Subvertising

Subvertising (a portmanteau of subvert and advertising) is the practice of making spoofs or parodies of corporate and political advertisements. The cultural critic Mark Dery coined the term in 1991. Subvertisements are anti-ads that deflect advertising's attempts to turn the people's attention in a given direction. According to author Naomi Klein, subvertising offers a way of speaking ba

Trading basics

Sucden

Sucden (Sucres et Denrées) is a French-based commodity broker of soft commodities and other financial products headquartered in Paris. The firm started as a sugar broker and is now amongst the world leaders with a market share of around 15% in volume (as of 2016), or 9.5 million tonnes. It has offices around the world, including London and Hong Kong.

Trading basics

Suica

Suica (occasionally written in Japanese as スイカ, Suika) is a prepaid, rechargeable, contactless smart card and electronic money system used as a fare card on train lines and other public transport systems in Japan, launched on November 18, 2001, by the East Japan Railway Company (JR East). The card can be used across the nation as part of Japan's Nationwide Mutual Usage Service, including

Banking

Sukuk

Sukuk (Arabic: صكوك, romanized: ṣukūk; plural of Arabic: صك, romanized: ṣakk, lit. 'legal instrument, deed, cheque') is the Arabic name for financial certificates, also commonly referred to as "sharia compliant" bonds.

Finance

Sumitomo Mitsui Banking Corporation

Sumitomo Mitsui Banking Corporation (株式会社三井住友銀行, Kabushiki-gaisha Mitsui Sumitomo Ginkō; SMBC) is a Japanese multinational banking financial services institution owned by the Sumitomo Mitsui Financial Group, which is also known as the SMBC Group. It is headquartered in the same building as SMBC Group in Marunouchi, Chiyoda, Tokyo, Japan.

Trading basics

SunPass

SunPass is an electronic toll collection system within the state of Florida, United States. It was created in 1999 by the Florida Department of Transportation's (FDOT's) Office of Toll Operations, which operates as a division of Florida's Turnpike Enterprise (FTE). The system utilizes windshield-mounted RFID transponders manufactured by TransCore and lane equipment designed by companies

Trading basics

Supply chain management

In commerce, supply chain management (SCM) deals with a system of procurement (purchasing raw materials/components), operations management, logistics and marketing channels, through which raw materials can be developed into finished products and delivered to their end customers. A more narrow definition of supply chain management is the "design, planning, execution, control, and monitori

Trading basics

Sur La Table

Sur La Table, Inc. (French: [syʁ la tabl]) is a privately held retail company based in Seattle, Washington, that sells kitchenware including cookware, cutlery, cooks' tools, small electrics, tabletop and linens, bakeware, glassware and bar, housewares, food, and outdoor products. As of October 2018, Sur La Table sold products in 184 stores in 32 states across the United States, as well a

Trading basics

Surveillance capitalism

Surveillance capitalism is a concept in political economics which denotes the widespread collection and commodification of personal data by corporations. This phenomenon is distinct from government surveillance, although the two can be mutually reinforcing. The concept of surveillance capitalism, as described by Shoshana Zuboff, is driven by a profit-making incentive, and arose as advert

Trading basics

Survey of Consumer Finances

The Survey of Consumer Finances (SCF) is a triennial statistical survey of the balance sheet, pension, income and other demographic characteristics of families in the United States; the survey also gathers information on the use of financial institutions.

Trading basics

Sustainability brand

Sustainability brands are brands that undertake sustainable practises in the workings of their business and champion them.

Trading basics

Sustainability marketing myopia

Sustainability marketing myopia is a term used in sustainability marketing referring to a distortion stemming from the overlooking of socio-environmental attributes of a sustainable product or service at the expenses of customer benefits and values. Sustainability marketing is oriented towards the whole community, its social goals and the protection of the environment. The idea of sustai

Trading basics

Sustainable advertising

Sustainable advertising addresses the carbon footprint and other negative environmental and social impacts associated with the production and distribution of advertising materials. A growing number of companies are making a commitment to the reduction of their environmental impact associated with advertising production and distribution.

Banking

Sustainable finance

Sustainable finance is the set of practices, standards, norms, regulations and products that pursue financial objectives while taking into account environmental, social, and governance considerations. It is often used interchangeably with Environmental, Social & Governance (ESG) investing. It is important to distinguish between ESG integration for better risk-adjusted returns and the bro

Trading basics

SVOX

SVOX is an embedded speech technology company founded in 2000 and headquartered in Zurich, Switzerland. SVOX was acquired by Nuance Communications in 2011. The company's products included Automated Speech Recognition (ASR), Text-to-Speech (TTS) and Speech Dialog systems, with customers mostly being manufacturers and system integrators in automotive and mobile device industries.

Securities & exchanges

Swap (finance)

In finance, a swap is a derivative in which two parties agree to exchange one stream of cash flows for another, based on some agreed formula. An example is a floating-for-fixed interest rate swap, which calls for (a) payments by one party based on the product of a floating interest rate and a fixed amount, called the notional, in exchange for (b) payments by the counterparty based on the

Finance

Swaption

A swaption (a portmanteau of "swap" and "option") is an option granting its owner the right but not the obligation to enter into an underlying swap on specified terms at a future date. In practice the term is most commonly used for options on interest rate swaps, where the holder has the right to enter into a fixed-for-floating interest rate swap.

Trading basics

Swazi lilangeni

The lilangeni (plural: emalangeni, ISO 4217 code: SZL) is the currency of Eswatini and is subdivided into 100 cents. It is issued by the Central Bank of Eswatini (in swazi Umntsholi Wemaswati) and is authorised by the king and his family. The South African rand is also accepted in Eswatini. Similar to the Lesotho loti, there are singular and plural abbreviations, namely L and E, so where

Trading basics

Sweepstake

A sweepstake (also sweepstakes) is a type of contest in which a prize or prizes are awarded to winners selected by chance rather than skill. Sweepstakes have a long history in many countries, though they are regulated differently depending on jurisdiction. In some countries, such as the United States, sweepstakes must by law be free to enter, while in others, such as Australia, a purchas

Trading basics

Sweetbay Supermarket

Sweetbay Supermarket was a chain of American supermarkets located in Florida. The first Sweetbay Supermarket to open was in Seminole, Florida, in November 2004. The company's headquarters was located near Tampa, in Hillsborough County, Florida. It was a part of the Belgian Delhaize Group. In May 2013, the chain was purchased by BI-LO. On October 8, 2013, BI-LO announced it was retiring t

Payments & settlement

SWIFT

The Society for Worldwide Interbank Financial Telecommunication (SWIFT), legally S.W.I.F.T. SC, is a cooperative established in 1973 in Belgium (French: Société Coopérative) and owned by the banks and other member firms that use its service. SWIFT provides the main messaging network through which international payments are initiated. It also sells software and services to financial insti

Banking

SWIFT ban against Russian banks

The SWIFT ban against some Russian banks is one of several international sanctions against Russia imposed by the European Union and other western countries as a result of its invasion of Ukraine, aimed at weakening the country's economy to end the invasion by hindering Russian access to the SWIFT financial transaction processing system.

Trading basics

Swift v. Tyson

Swift v. Tyson, 41 U.S. (16 Pet.) 1 (1842), was a case brought in diversity in the Circuit Court for the Southern District of New York on a bill of exchange accepted in New York in which the Supreme Court of the United States determined that United States federal courts that heard cases brought under their diversity jurisdiction under the Judiciary Act of 1789 must apply statutory state

Trading basics

Swing producer

A swing producer or swing supplier is a supplier or a close oligopolistic group of suppliers of any commodity, controlling its global deposits and possessing large spare production capacity. A swing producer is able to increase or decrease commodity supply at minimal additional internal cost, and thus able to influence prices and balance the markets, providing downside protection in the

Payments & settlement

Swish (payment)

Swish (Swedish pronunciation: [swɪʂː] or [svɪʂː]) is a mobile payment system in Sweden. The service was launched in 2012 by six large Swedish banks, in cooperation with Bankgirot and the Central Bank of Sweden. It had 8 million users as of July 2022 (total Swedish population: 10.2 million).

Finance

Swiss Finance Institute

The Swiss Finance Institute (SFI) is an institute organized as a non-profit foundation. Its purpose is to competitively foster university institutions and networks in research and teaching, aimed at strengthening the position of Switzerland's science and financial sectors. Created in 2006 as a public–private partnership, SFI is a common initiative of the Swiss finance industry, leading S

Securities & exchanges

Swiss Performance Index

The Swiss Performance Index (SPI) is a wide total-return index that tracks equity primarily listed on SIX Swiss Exchange with a free-float of at least 20%, and excluding investment companies. The index covers large, mid and small caps and is weighted by market capitalization. Most constituents, although not all, are domiciled in Switzerland or the Principality of Liechtenstein.

Trading basics

Swiss Union of Arts and Crafts

The Swiss Union of Arts and Crafts, (in German Schweizerischer Gewerbeverband SVG, in Italian Unione svizzera delle arti e mestieri USAM, in French Union Suisse des Arts et Métiers USAM) or Swiss Trade Association is a Swiss umbrella organization representing the small and medium-sized enterprises of the country.

Trading basics

Switch (debit card)

Switch was a debit card brand in the United Kingdom from 1988 until 2002.

Trading basics

Sword Art Online: Integral Factor

Sword Art Online: Integral Factor is a Japanese massively multiplayer online open-world role-playing game developed by Asobimo and published by Bandai Namco Entertainment, released in December 2017, and based on the anime and manga series Sword Art Online.

Trading basics

Synthesis of precious metals

The synthesis of precious metals involves the use of either nuclear reactors or particle accelerators to produce these elements.

Securities & exchanges

Synthetic CDO

A synthetic CDO is a variation of a collateralized debt obligation (CDO) that generally uses credit default swaps (CDSs) and other derivatives to obtain its investment goals. As such, it is a complex derivative financial security sometimes described as a bet on the performance of other mortgage (or other) products, rather than a real mortgage security. The value and payment stream of a s

Trading basics

SyQuest Technology

SyQuest Technology, Inc. was an early entrant into the hard disk drive market for personal computers. Its earliest products were the SQ306R, a 5 MB 3.9" (100 mm) cartridge disk drive and associated Q-Pak cartridge for IBM XT compatibles. Subsequently a non-removable medium version was announced, the SQ306F.

Finance

Systemic risk

In finance, systemic risk is the risk of collapse of an entire financial system or entire market, as opposed to the risk associated with any one individual entity, group or component of a system, that can be contained therein without harming the entire system. It can be defined as "financial system instability, potentially catastrophic, caused or exacerbated by idiosyncratic events or co

Finance

Systemically important financial institution

A systemically important financial institution (SIFI) is a bank, insurance company, or other financial institution whose failure might trigger a financial crisis. They are colloquially referred to as "too big to fail".

Securities & exchanges

T. Boone Pickens

Thomas Boone Pickens Jr. (May 22, 1928 – September 11, 2019) was an American business magnate and financier. Pickens chaired the hedge fund BP Capital Management. He was a well-known takeover operator and corporate raider during the 1980s. Later in life, he was a prominent conservative activist and philanthropist. At the time of Pickens' death in 2019, his net worth stood at $500 million

Payments & settlement

T2 (settlement system)

T2 is a financial market infrastructure that provides real-time gross settlement (RTGS) of payments, mostly in euros. It is operated by the European Central Bank and is the critical payments infrastructure of the euro area. With turnover in the trillions of euros every day, it is one of the largest payment systems in the world. It is one of three so-called TARGET Services, together with

Finance

Tabung Harapan Malaysia

Tabung Harapan Malaysia (Malay for "Malaysia's Hope Fund", Abbr.: THM) is a fund launched by the returned seventh Malaysian Prime Minister of the new Pakatan Harapan (PH) government, Mahathir Mohamad on 30 May 2018. The purpose of the fund is a platform for the people to help the country and to receive the people's donations to strengthen the government's finances. The establishment of t

Finance

Tail risk

Tail risk, sometimes called "fat tail risk", is the financial risk of an asset or portfolio of assets moving more than three standard deviations from its current price, above the risk of a normal distribution. Tail risks include low-probability events arising at both ends of a normal distribution curve, also known as tail events. However, as investors are generally more concerned with un

Trading basics

Taiwan Futures Exchange

The Taiwan Futures Exchange (TAIFEX; Chinese: 臺灣期貨交易所; pinyin: Táiwān Qíhuò Jiāoyì Suǒ; Pe̍h-ōe-jī: Tâi-oân Kî-hòe Kau-e̍k-só͘) was established in 1998. It offers futures and options on major Taiwan stock indices, government bond futures, equity options and 30-day CP interest rate futures.

Trading basics

Taiwan Miracle

The Taiwan Miracle (Chinese: 臺灣奇蹟; Tongyong Pinyin: Táiwān Cíjī; Tâi-lô: Tâi-uân Kî-Tsik) or Taiwan Economic Miracle refers to Taiwan's rapid economic development to a developed, high-income country during the latter half of the twentieth century.

Finance

Taiwan Stock Exchange

The Taiwan Stock Exchange Corporation (TWSE; Chinese: 臺灣證券交易所) is a financial institution, headquartered at Taipei 101, in Taipei, Taiwan. The TWSE was established in 1961 and began operating as a stock exchange on 9 February 1962. It is regulated by the Financial Supervisory Commission.

Trading basics

Talking ATM

A Talking ATM is a type of automated teller machine (ATM) that provides audible instructions so that persons who cannot read an ATM screen can independently use the machine. All audible information is delivered privately through a standard headphone jack on the face of the machine or a separately attached telephone handset. Information is delivered to the customer either through pre-reco

Fiat currencies

Tally stick

A tally stick (or simply a tally) was an ancient memory aid used to record and document numbers, quantities, and messages. Tally sticks first appear as animal bones carved with notches during the Upper Palaeolithic; a notable example is the Ishango Bone. Historical reference is made by Pliny the Elder (AD 23–79) about the best wood to use for tallies, and by Marco Polo (1254–1324) who me

Trading basics

Talpa TV

Talpa Video (formerly SBS Broadcasting B.V. and Talpa TV) is a Dutch commercial broadcasting company owned by John de Mol's Talpa Network.

Trading basics

Tandem Computers

Tandem Computers, Inc. was the dominant manufacturer of fault-tolerant computer systems for ATM networks, banks, international regulated markets, telephone switching centers, emergency telephone number systems, and other similar transaction processing applications requiring maximum uptime and no data loss. For example, in 2002, 95% of worldwide stock transactions and two-thirds of credit

Finance

Tangerine Bank

Tangerine Bank (operating as Tangerine) is a Canadian direct bank that is a subsidiary of Scotiabank. It offers no-fee chequing and savings accounts, guaranteed investment certificates (GICs), mortgages and mutual funds (through a subsidiary). Many savings and investment products are eligible for registration under a tax-free savings account (TFSA), registered retirement savings plan (RR

Trading basics

Tar derby

The tar derby is the period in the 1950s marked by a rapid influx in both cigarette advertising focused on tar content measurements to differentiate cigarettes and brand introduction or repositioning focusing on filter technology. The period ended in 1959 after the Federal Trade Commission (FTC) Chairman and several cigarette company presidents agreed to discontinue usage of tar or nico

Trading basics

Target rating point

A target rating point (abbreviated as TRP; also television rating point for televisions) is a metric used in marketing and advertising to compare target audience impressions of a campaign or advertisement through a communication medium relative to the target audience population size. In the particular case of television, a device is attached to the TV set in a few thousand viewers' house

Payments & settlement

TARGET2

TARGET2 was the real-time gross settlement (RTGS) system for the Eurozone from its phased introduction in 2007-2008 until its replacement with T2 in March 2023. As such, it was one of the Eurosystem's TARGET Services, replacing the original TARGET (Trans-European Automated Real-time Gross Settlement Express Transfer System) RTGS introduced in 1999. Like the other TARGET Services, it was

Trading basics

Targeted advertising

Targeted advertising or data-driven marketing is a form of advertising, including online advertising, that is directed towards an audience with certain traits, based on the product or person the advertiser is promoting.

Trading basics

Tarjeta bip!

Tarjeta bip! ("bip! card") is the contactless payment method used in the public transportation system of Red Metropolitana de Movilidad in the metropolitan region of Santiago, Chile.

Trading basics

Tarjeta Transporte Público

The Tarjeta Transporte Público (TTP; "Public Transport Card") is a payment method for public transport in Madrid, the capital of Spain, and its surrounding autonomous community. It is managed by the Consorcio Regional de Transportes de Madrid (CRTM), the body responsible for coordinating public transport in the Community of Madrid. As of 2019, more than 16 million TTPs are in circulation

Trading basics

Tatra Tiger

"Tatra Tiger" is a nickname that refers to the economy of Slovakia in period 2002 – 2007, following the ascendance of a right-leaning coalition in September 2002 which engaged in a program of liberal economic reforms. The name "Tatra Tiger" derives from the local Tatra mountain range.

Finance

Tax burden

The tax burden is the level of effective taxation represented as the distribution of tax rates across people, households, sectors, or forms of income by the amount of their income. Tax burdens are commonly summarized as the tax revenue as a share of gross domestic product for different groups; usually as the effective tax rates paid by different income groups as a share of their income o

Trading basics

Tax competition

Tax competition, a form of regulatory competition, exists when governments use reductions in fiscal burdens to encourage the inflow of productive resources or to discourage the exodus of those resources. Often, this means a governmental strategy of attracting foreign direct investment, foreign indirect investment (financial investment), and high value human resources by minimizing the ov

Finance

Tax compliance software

Tax compliance software is software that assists tax compliance, and may cover income tax, corporate tax, VAT, service tax, customs, sales tax, use tax, or other taxes its users may be required to pay. The software automatically calculates a user's tax liabilities to the government, keeps track of all transactions (in case of indirect taxes), keeps track of eligible tax credits, etc. The

Finance

Tax haven

A tax haven is a term, often used pejoratively, to describe a place with very low tax rates for non-domiciled investors, even if the official rates may be higher.

Trading basics

Tax law

Tax law or revenue law is an area of legal study in which public or sanctioned authorities, such as federal, state and municipal governments (as in the case of the US) use a body of rules and procedures (laws) to assess and collect taxes in a legal context. The rates and merits of the various taxes, imposed by the authorities, are attained via the political process inherent in these bodi