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Digital assets and currencies

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Trading basics

Withdrawal of low-denomination coins

The withdrawal of a country's lowest-denomination coins from circulation (usually a one-cent coin or equivalent) may either be through a decision to remove the coins from circulation, or simply through ceasing minting. This usually occurs after inflation or increased production costs for the coin. The coin being removed usually has a poor seigniorage, which means the coin costs as much i

Trading basics

WL Ross & Co

WL Ross & Co is a private equity company founded and based in New York by Wilbur Ross in April 2000. The company focuses on investments in financially distressed companies with undervalued stocks, in the $100 to $200 million range, usually in the United States, Asia, Korea, Ireland, Japan, France and China. By acquiring majority stake in their investments through purchases and/or buyouts

Banking

Wolfsberg Group

The Wolfsberg Group is an association of 12 global banks which aims to develop frameworks and guidance for the management of financial crime risks.

Trading basics

Wometco Home Theater

Wometco Home Theater (WHT) was an early pay television service in the New York City area that was owned by Miami-based Wometco Enterprises, which owned several major network affiliates in mid-sized media markets and its flagship WTVJ in Miami (then a CBS affiliate on channel 4, now an NBC owned-and-operated station on channel 6). The signals were broadcast beginning in August 1977 on WWH

Payments & settlement

WooCommerce

WooCommerce is an open-source e-commerce plugin for WordPress. It is designed for online merchants of all sizes using WordPress. Launched on September 27, 2011, the plugin gained popularity for its simplicity to install and customize and for the market position of the base product as freeware (even though many of its optional extensions are paid and proprietary). WooCommerce is developed

Trading basics

Workers' self-management

Workers' self-management, also referred to as labor management and organizational self-management, is a form of organizational management based on self-directed work processes on the part of an organization's workforce. Self-management is a defining characteristic of socialism, with proposals for self-management having appeared many times throughout the history of the socialist movement,

Finance

Working Group on Financial Markets

The President's Working Group on Financial Markets, known colloquially as the Plunge Protection Team, or "(PPT)" was created by Executive Order 12631, signed on March 18, 1988, by United States President Ronald Reagan.

Assets

World (blockchain)

World, also known as World Network, is a humanity verification project and financial network. It was developed and launched as the cryptocurrency project Worldcoin. Among other organizations, contributors to the project include Tools for Humanity, a company founded in 2019 by Sam Altman, Max Novendstern, and Alex Blania. World's stated mission is to provide a reliable and anonymous way t

Trading basics

World Business Angels Association

The World Business Angels Association (WBAA) was an international, not-for-profit organization whose mission was to stimulate the exchange of knowledge and best practices in the field of global angel capital financing for high-growth and innovative startups. It was closed around 2017.

Fiat currencies

World currency

A world currency, supranational currency, or global currency is a currency that is widely used in international finance or in international trade to price goods or other transactions. It is generally a currency which is stable in terms of inflation and has a high demand on the foreign exchange market. Greek and Roman coins were the first world currency, followed by Dutch guilders in the

Finance

World Liberty Financial

World Liberty Financial (WLFI) is a decentralized finance protocol developed by its namesake company. It was founded in 2024 by Zachary Folkman, Chase Herro, Alex Witkoff, Zach Witkoff, and Trump family members. It is a business venture of the Trump family. The Trump family receives 75% of net proceeds when WLFI sells tokens, as well as gets a cut of stablecoin profits. By December 2025,

Trading basics

World of Warcraft

World of Warcraft (WoW) is a 2004 massively multiplayer online role-playing (MMORPG) video game developed and published by Blizzard Entertainment for Windows and macOS. Set in the Warcraft universe, World of Warcraft takes place within the fictional planet Azeroth, approximately four years after the events of the previous game in the series, Warcraft III: The Frozen Throne. The game was

Finance

World Pensions & Investments Forum

The World Pensions Forum, also called World Pensions & Investments Forum, is a research and policy oriented conference organised by M. Nicolas Firzli, founder of the World Pensions Council (WPC), in partnership with regional and supranational organisations, large public and private institutional investors from G10 countries, the emerging nations of Eastern Europe, Latin America, Asia and

Securities & exchanges

World Trade Center in popular culture

The original World Trade Center, which featured the landmark Twin Towers (1 WTC and 2 WTC), was a building complex in the Financial District in Lower Manhattan, New York City. 1 and 2 World Trade Center – the North and South Tower – stood at 417 and 415 meters (1,368 and 1,362 feet) with 110-stories respectively, becoming the tallest buildings in the world from 1971 to 1973. The North To

Trading basics

World Trade Organization

The World Trade Organization (WTO) is an intergovernmental organization that regulates and facilitates international trade. Established on 1 January 1995, pursuant to the 1994 Marrakesh Agreement, it succeeded the General Agreement on Tariffs and Trade (GATT), which was created in 1948. As the world's largest international economic organization, the WTO has 166 members, representing over

Trading basics

World Triathlon Corporation

The World Triathlon Corporation (WTC) is a sports event promotion company owned by conglomerate Advance Publications, that produces the Ironman Triathlon, Ironman 70.3, the 5150 series of triathlon races, and other sports events.

Payments & settlement

Worldline SA

Worldline SA is a French payment processing company founded in 1972. In 2024 its revenue was €4.63 billion.

Payments & settlement

Worldpay Group

Worldpay Group plc (formerly RBS WorldPay) was a payment processing company. It was formerly listed on the London Stock Exchange until 16 January 2018 when it was acquired by Vantiv. The combined company then took the name Worldpay, Inc. Worldpay, Inc. was acquired by FIS in July 2019 for $43 billion. In 2024, private-equity firm GTCR acquired a majority 55% equity interest in Worldpay.

Payments & settlement

Worldpay, Inc.

Worldpay is an American multinational financial technology company and payment processing company. It provides payment and technology services to merchants and financial institutions globally generating 40 billion transactions across 146 countries and 135 currencies.

Trading basics

WorldRemit

WorldRemit is a digital cross border remittance business that provides international money transfer and remittance services in more than 130 countries and over 70 currencies. It was founded in 2010 by Ismail Ahmed, Catherine Wines, and Richard Igoe. It is owned by Zepz, which also owns Sendwave.

Banking

Worshipful Company of International Bankers

The Worshipful Company of International Bankers is one of the 114 livery companies of the City of London. It was founded in 2001 as the Guild of International Bankers, granted livery status in 2004, and received a Royal Charter in 2007. It is the 106th company in order of precedence. The Company is headquartered at Wax Chandlers’ Hall in the City of London and represents professionals ac

Trading basics

X tax

The X Tax is an approach to taxation conceived by Princeton University economist and New York University School of Law professor David F. Bradford, It consists of two taxes:

Trading basics

Xometry

Xometry (formerly, NextLine Manufacturing Corp.) is an online marketplace for sourcing on-demand manufactured parts for prototyping and large-scale production.

Trading basics

Xoom (money transfer service)

Xoom (previously known as Xoom Corporation) is a digital money transfer service owned by PayPal that enables users to send money internationally to recipients in 160 countries. The service allows individuals in the United States, Canada, the United Kingdom, and select European countries to transfer funds through bank deposit, mobile wallet, and cash pickup options. Xoom also offers inter

Fiat currencies

XRP Ledger

The XRP Ledger (XRPL), also called the Ripple Protocol, is a cryptocurrency platform launched in 2012 by Ripple Labs. The XRPL employs the native cryptocurrency known as XRP, and supports tokens, cryptocurrency or other units of value such as frequent flyer miles or mobile minutes.

Trading basics

Xsolla

Xsolla is an American financial technology company that makes payment software for video games. It was founded in 2005 in Perm, Russia, by Aleksandr Agapitov. As of 2022, it had 500 employees. The company's core product is Pay Station, a suite of tools for integrating payment systems. It can be used to accept more than 1000+ payment types in more than 200 countries. Xsolla software was u

Fiat currencies

XTX Markets

XTX Markets Limited is a British algorithmic trading company based in London. It was founded in January 2015 by Alexander Gerko, who is currently co-CEO alongside Hans Buehler. The company employs around 300 people globally (as of 2026) and uses state-of-the-art machine learning technology to produce price forecasts for over 50,000 financial instruments across equities, fixed income, cur

Securities & exchanges

XVA

In mathematical finance, X-Value Adjustment (XVA, xVA) is an umbrella term referring to a number of different "valuation adjustments" that banks must make when assessing the value of derivative contracts that they have entered into. The purpose of these is twofold: primarily to hedge for possible losses due to other parties' failures to pay amounts due on the derivative contracts; but al

Finance

Yakuza 0

Yakuza 0 is a 2015 action-adventure game developed by Ryu Ga Gotoku Studio and published by Sega. It is the sixth main installment in the Yakuza series and a prequel to the original game. It was released for PlayStation 3 and PlayStation 4 in Japan in March 2015, and in North America and Europe for PlayStation 4 in January 2017. It was released on Windows on 1 August 2018 and on Xbox One

Trading basics

Yankee Candle

The Yankee Candle Company, Inc., doing business as Yankee Candle, is an American manufacturer and retailer of scented candles, candleholders, accessories, and dinnerware. Its products are sold by thousands of gift shops nationwide, through catalogs, and online, and in nearly 50 countries around the world. The company currently operates 217 small-box format stores, located in malls across

Payments & settlement

Yape (payment)

Yape (pronounced [ˈʝape]) is a digital wallet and mobile payment application developed by the Banco de Crédito del Perú (BCP) in 2016. As of 2025, it has over 20 million users. Its features include instant, commission-free peer-to-peer transfers, bill payments, and purchases using a smartphone via a phone number or QR code, without requiring a traditional bank account, enabling its use b

Securities & exchanges

Year-on-year inflation-indexed swap

A year-on-year inflation-indexed swap (YYIIS) is a standard derivative product over inflation rate. The underlying is a single consumer price index (CPI). The first swap of this kind was traded through the inter-dealer broker network in November 1999.

Fiat currencies

Yehud coinage

The Yehud coinage is a series of small silver coins bearing the Aramaic inscription Yehud. They derive their name from the inscription "YHD" (𐤉‬𐤄𐤃‬), "Yehud", the Aramaic name of the Achaemenid Persian province in the Levant which had formerly been the Kingdom of Judah. Other coins are inscribed "YHDH", the Hebrew name for Persian province. The minting of Yehud coins began c. 350 BC a

Trading basics

Yellow Pages Limited

Yellow Pages Limited is a Canadian publication and internet services company that owns and operates Canadian properties and publications including Yellow Pages directories, YellowPages.ca, and Canada411.ca. Its online destinations reach approximately 9 million unique visitors monthly and its mobile applications for finding local citizens, downloaded more than 3 million times.

Finance

Yeltsin–Gaidar government reforms

The Yeltsin–Gaidar government reforms (Russian: Реформы правительства Ельцина — Гайдара), known also as the Gaidar reforms are the changes in the economy of Russia and public administration system carried out by the Cabinet of Boris Yeltsin and Yegor Gaidar from January 2 to December 15, 1992.

Fiat currencies

Yen and yuan sign

The yen and yuan sign (¥) is a currency sign used to represent the base units yen (Japanese yen) and the Chinese yuan (renminbi) when writing in the Latin script. This character resembles a capital letter Y with a single or double horizontal stroke. The symbol is usually placed before the value it represents, for example: ¥50, or JP¥50 and CN¥50 when disambiguation is needed. When writte

Finance

Yeouido

Yeouido (Korean: 여의도; lit. 'Yeoui Island'), also Yoido, is a river island on the Han River in Seoul, South Korea. It is Seoul's main finance, media, and investment banking district. It is 8.4 square kilometres (3.2 mi2) large and has a population of 32,674 as of August 2023.

Banking

Yes Man (film)

Yes Man is a 2008 romantic comedy film directed by Peyton Reed, written by Nicholas Stoller, Jarrad Paul and Christofer Tufton, and starring Jim Carrey. The film is based loosely on the 2005 memoir of the same name by the British humorist Danny Wallace, who also makes a cameo appearance in the film.

Trading basics

YES Network

The Yankees Entertainment and Sports Network (YES) is an American pay television regional sports network owned by Yankee Global Enterprises (the largest shareholder with 46%), Amazon (which owns 15%), and the Blackstone Group, RedBird Capital and Mubadala Investment Company, which each own 13% as of April 21, 2026. Primarily serving New York City, New York, and the surrounding metropolit

Finance

Yield (finance)

In finance, the yield on a security is a measure of the ex-ante return to a holder of the security. It is one component of return on an investment, the other component being the change in the market price of the security. It is a measure applied to fixed income securities, common stocks, preferred stocks, convertible stocks and bonds, annuities and real estate investments.

Trading basics

Yield curve

A yield curve shows the relationship between yields and time to maturity for a set of comparable debt securities. In practice the term usually refers to curves built from a single issuer or market segment so that credit quality and other features are as similar as possible, for example the U.S. Treasury curve for government bonds.

Payments & settlement

YooKassa

YooKassa branded as ЮKassa (Previously Yandex.Checkout) (Russian: Яндекс.Касса), is a Russian E-commerce payment system operated by YooMoney, owned by Sberbank. It was launched in 2013.

Payments & settlement

YooMoney

YooMoney branded as ЮMoney, (formerly Yandex.Money) is an e-commerce payment system. It is 100% owned by Sberbank and operates in Russia and nearby countries.

Banking

You Can't Take It with You (film)

You Can't Take It with You is a 1938 American screwball romantic comedy film directed by Frank Capra, and starring Jean Arthur, Lionel Barrymore, James Stewart, and Edward Arnold. Adapted by Robert Riskin from the Pulitzer Prize-winning 1936 play of the same name by George S. Kaufman and Moss Hart, the film is about a man from a family of rich snobs who becomes engaged to a woman from a

Trading basics

Youth Off The Streets

Youth Off The Streets is an Australian non-denominational not-for-profit youth organisation. The organisation works with young people and their families and communities in an endeavour to create safety, offer support and provide opportunities to build a positive future.

Finance

Youth unemployment

Youth unemployment refers to the proportion of the labor force aged 15–24 who do not have a job but are seeking employment. Young adult unemployment refers to unemployment among ages 25–34.

Finance

Yozma

Yozma, Yozma Program, or Yozma Fund was a venture capital organization in Israel that initially started out as a government funded program in 1993 to help kick start venture capital, angel investing, and private equity in Israel's economy. $20 million of government subsidies went to the Yozma Fund, the other $80 million the government provided went to match other foreign and domestic fir

Fiat currencies

Yuan (currency)

The yuan ( yoo-A(H)N; sign: ¥; Chinese: 圓/元; pinyin: yuán; [ɥæ̌n] ) is the base unit of currency of a number of historical and contemporary currencies throughout Greater China, such as the renminbi in the People's Republic of China and the new Taiwan dollar in the Republic of China (Taiwan). The name of the unit ultimately originates from the late Qing dynasty to refer to Mexican silver

Networks

ZachXBT

ZachXBT, also identified as Zachary Wolk is a pseudonymous American blockchain investigator and open-source intelligence (OSINT) researcher known for independent forensic investigations into cryptocurrency fraud, scams, and thefts. He has been active on X (formerly Twitter) since 2021, publishing detailed investigative threads that trace stolen funds, expose rug pulls, and identify perpe

Securities & exchanges

Zagreb Stock Exchange

The Zagreb Stock Exchange or ZSE (Croatian: Zagrebačka burza, pronounced [zǎːɡrebatʃkaː bûrza]) is a stock exchange located in Zagreb, Croatia. It is Croatia's only stock exchange. The exchange trades shares of Croatian companies, as well as bonds and commercial bills.

Finance

Zanny Minton Beddoes

Susan "Zanny" Minton Beddoes (born July 1967) is a British journalist. She is the editor-in-chief of The Economist. She began working for the newspaper in 1994 as its emerging markets correspondent.

Trading basics

Zayo Group

Zayo Group, Inc. is a digital infrastructure company providing fiber-optic networks, high-capacity connectivity, and networking solutions to enterprises, hyperscalers, cloud and content providers, data centers, and telecommunications carriers worldwide.

Assets

Zcash

Zcash is a privacy-focused cryptocurrency which features an encrypted ledger using zero-knowledge proofs.

Banking

Zebra (film)

Zebra is 2024 Indian Telugu-language action thriller film directed by Eashvar Karthic, who co-wrote with Yuva. The film has an ensemble cast of Satyadev, Dhananjaya, Sunil, Satya, Priya Bhavani Shankar, Jeniffer Piccinato and Sathyaraj. The music is composed by Ravi Basrur.

Securities & exchanges

Zero coupon swap

In finance, a zero coupon swap (ZCS) is an interest rate derivative (IRD). In particular it is a linear IRD, that in its specification is very similar to the much more widely traded interest rate swap (IRS).

Trading basics

Zero interest-rate policy

Zero interest-rate policy (ZIRP) is a macroeconomic concept describing conditions with a very low nominal interest rate, such as those in contemporary Japan and in the United States from December 2008 through December 2015 and again from March 2020 until March 2022 amid the COVID-19 pandemic. ZIRP is considered to be an unconventional monetary policy instrument and can be associated with

Trading basics

Zero lower bound

The zero lower bound (ZLB) or zero nominal lower bound (ZNLB) is a macroeconomic problem that occurs when the short-term nominal interest rate is at or near zero, causing a liquidity trap and limiting the central bank's capacity for inflation targeting.

Trading basics

Zero-based budgeting

Zero-based budgeting (ZBB) is a budgeting method that requires all expenses to be justified and approved in each new budget period. It was developed by Peter Pyhrr in the 1970s. This budgeting method analyzes an organization's needs and costs by starting from a "zero base" (meaning no funding allocation) at the beginning of every period. The intended outcome is to assess the efficient us

Securities & exchanges

Zero-coupon inflation swap

A zero-coupon inflation swap (ZCIS), also called a zero-coupon inflation-indexed swap (ZCIIS), is a standard derivative product whose payoff depends on the inflation rate realized over a given period of time. The underlying asset is a single consumer price index (CPI).

Fiat currencies

Zero-rupee note

A zero-rupee note is a banknote imitation issued in India as a means of helping to fight systemic political corruption. The notes are "paid" in protest by angry citizens to government functionaries who solicit bribes in return for services which are supposed to be free. Zero-rupee notes, which are made to resemble the old 50-rupee banknote of India, are the creation of a non-governmental

Banking

Zeti Akhtar Aziz

Ungku Zeti Akhtar binti Ungku Abdul Aziz (born 27 August 1947) is a Malaysian economist who served as the seventh governor of the Central Bank of Malaysia from 2000 to 2016, becoming the first woman to hold the position.

Payments & settlement

Zettle

Zettle by PayPal (previously known as iZettle) is a Swedish financial technology company founded by Jacob de Geer and Magnus Nilsson in April 2010. Launching its first app and service in 2011, the company offers a range of financial products including payments, point of sales, funding and partners applications. The company was acquired by PayPal in 2018.

Trading basics

Ziggo

Ziggo Holding B.V. (Dutch pronunciation: [ˈzɪɡoː] or [ˈzɪɣoː]) is the largest cable operator in the Netherlands, providing digital cable television, Internet, and telephone service to both residential and commercial customers.

Payments & settlement

Zilch (company)

Zilch Technology Limited (known as Zilch) is a British multi-national direct-to-consumer payments network. Since April 2020, Zilch has been regulated by the UK's Financial Conduct Authority (FCA), obtaining a consumer credit license through the Regulatory Sandbox Programme. Zilch has its headquarters in London, UK, an office in Miami, US, and a technology hub in Krakow, Poland.

Banking

Zombie bank

A zombie bank is a financial institution that has an economic net worth of less than zero but continues to operate because its ability to repay its debts is shored up by implicit or explicit government credit support.

Assets

Zondacrypto

Zondacrypto (formerly BitBay) was a European cryptocurrency exchange. Originally founded in Poland in 2014 by Sylwester Suszek, it grew to become one of the largest digital asset trading platforms in Central and Eastern Europe. Suszek disappeared in March 2022, and the site went offline in April 2026, leaving client assets stranded.

Payments & settlement

Zong (payments provider)

Zong was a mobile payment company that allowed users to make micropayments on the Internet if they have a postpaid mobile phone. The payments were charged to their mobile phone bills by the mobile operator. The company was acquired by eBay in 2011 and disappeared in 2015.

Banking

Zsigmond Kornfeld

Zsigmond Kornfeld (27 March 1852 – 24 March 1909) was a Bohemian-born Jewish Hungarian banker, economist, and baron.

Trading basics

ZuluTrade

ZuluTrade is a Greek financial technology company that operates an online and mobile social and copy trading platform. The platform allows users to automatically copy the trades of other investors in the foreign exchange market. As of 2014 ZuluTrade had around one million users and an executed trading volume of over $800 billion.

Trading basics

Zynga

Zynga Inc. () is an American video game developer and publisher known for its social video game services. It was founded in April 2007, and it is owned by Take-Two Interactive since 2022, with headquarters in San Mateo, California. The company primarily focuses on mobile and social networking platforms. Zynga states its mission as "connecting the world through games".