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Finance

The Motley Fool

The Motley Fool is a private financial and investing advice company based in Alexandria, Virginia. It was founded in July 1993 by co-chairmen and brothers David Gardner and Tom Gardner, and Todd Etter and Erik Rydholm. The company employs over 300 people worldwide.

Finance

Theory of fructification

In economics, the theory of fructification is a theory of the interest rate which was proposed by French economist and finance minister Anne Robert Jacques Turgot in his 1770 book Reflections on the Formation and Distribution of Wealth. The term theory of fructification is due to Eugen von Böhm-Bawerk, who considered Turgot as the first economist who tried to develop a scientific explana

Finance

Tobin tax

A Tobin tax was originally defined as a tax on all spot conversions of one currency into another. It was suggested by James Tobin, an economist who won the Nobel Memorial Prize in Economic Sciences. Tobin's tax was originally intended to penalize short-term financial round-trip excursions into another currency. By the late 1990s, the term Tobin tax was being applied to all forms of shor

Trading basics

Trade and Investment Framework Agreement

A Trade and Investment Framework Agreement (TIFA) is a trade pact that establishes a framework for expanding trade and resolving outstanding disputes between countries.

Trading basics

Trade in services statistics

Trade in services statistics are economic statistics which detail international trade in services. They received a great deal of focus at the advent of services negotiations which took place under the Uruguay Round, which became part of the General Agreement on Trade in Services, one of the four principal pillars of the World Trade Organization (WTO) trade treaty, also called the "WTO A

Trading basics

Trade name

A trade name, also known as a trading name, business name or operating name, is a pseudonym used by companies and other organizations that do not operate under their registered legal name. Registering the trade name with a relevant government body is often required.

Trading basics

Troy weight

Troy weight is a system of units of mass whose origin is uncertain. By far the most common troy unit is the troy ounce (oz t), the standard mass unit for precious metals in industry and in trade; it equals 31.1034768 grams. The troy weight units are the grain, the pennyweight (24 grains), the troy ounce (20 pennyweights), and the troy pound (12 troy ounces). The troy grain is equal to th

Securities & exchanges

Tulip mania

Tulip mania (Dutch: tulpenmanie) was a period during the Dutch Golden Age when contract prices for some bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels. The major acceleration started in 1634 and then dramatically collapsed in February 1637. It is generally considered to have been the first recorded speculative bubble or asset bubble in history.

Finance

Turkey and the World Bank

The World Bank Group (WBG) has been lending aid and providing means of promoting development to Turkey since July 1950, which began with the implementation of a series of port construction and development projects meant to ignite commercial economy and cultivate stability within the region. These established ports have been integral to the development and success of economic growth and

Finance

Turkish economic crisis (2018–current)

The Turkish economic crisis (Turkish: Türkiye ekonomik krizi) is a financial and economic crisis in Turkey. It is characterized by the Turkish lira (TRY) plunging in value, high inflation, rising borrowing costs, and correspondingly rising loan defaults. The crisis was caused by the Turkish economy's excessive current account deficit and large amounts of private foreign-currency denomina

Fiat currencies

Turkish lira

The lira (Turkish: Türk lirası; sign: ₺; ISO 4217 code: TRY; abbreviation: TL) is the official currency of Turkey. It is also legal tender in the de facto state of the Turkish Republic of Northern Cyprus. One lira is divided into one hundred kuruş. The First Turkish lira could be further subdivided, where one kuruş was equal to 40 para.

Fiat currencies

Turkish lira sign

The Turkish lira sign (symbol: ₺; image: ₺) is the currency symbol used for the Turkish lira, the official currency of Turkey and Northern Cyprus. It serves as a visual identifier for the lira in written and printed documents, as well as in digital communications. The design was presented to the public on March 1, 2012. The international three-letter code (according to ISO 4217) is TRY.

Finance

U.S. Strategic Bitcoin Reserve

The Strategic Bitcoin Reserve is a proposed reserve asset, funded by the United States Department of the Treasury's forfeited bitcoin, announced by United States president Donald Trump in March 2025. The creation of the United States Digital Asset Stockpile for non-bitcoin assets was also announced. Trump has previously stated that he wants the United States to become the "crypto capita

Banking

Ukraine and the World Bank

Ukraine joined the World Bank in 1992, and over the 25 years since, the World Bank has committed $10 billion to over 70 projects in Ukraine. Ukraine is in a constituency with Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, Macedonia, Moldova, Montenegro, Romania, and the executive director of the constituency is Frank Heemskerk from the Netherlands.

Fiat currencies

Ukrainian hryvnia

The hryvnia ( (hə-)RIV-nee-ə; Ukrainian: гривня [ˈɦrɪu̯nʲɐ] , abbr. грн hrn; sign: ₴; code: UAH) has been the national currency of Ukraine since 2 September 1996. Each hryvnia, the base unit, is divided into 100 kopiyka (sometimes called kopecks in English; Ukrainian: копійка). It is named after a measure of weight used in Kievan Rus'.

Trading basics

Unam sanctam

Unam sanctam is a papal bull that was issued by Pope Boniface VIII on 18 November 1302. It laid down dogmatic propositions on the unity of the Catholic Church, the necessity of belonging to it for eternal salvation, the position of the Pope as supreme head of the Church and the duty thence arising of submission to the Pope in order to belong to the Church and thus to attain salvation. Th

Trading basics

Undercapitalization

Under-capitalization refers to any situation where a business cannot acquire the funds they need. An under-capitalized business may be one that cannot afford current operational expenses due to a lack of capital, which can trigger bankruptcy, may be one that is over-exposed to risk, or may be one that is financially sound but does not have the funds required to expand to meet market dema

Trading basics

Unearned increment

Unearned increment is an increase in the value of land or any property without expenditure of any kind on the part of the proprietor; it is an early statement of the notion of unearned income. It was coined by John Stuart Mill, who proposed taxing it so that it benefits every member of a society.

Securities & exchanges

UNIDROIT

UNIDROIT (formally, the International Institute for the Unification of Private Law; French: Institut international pour l'unification du droit privé) is an intergovernmental organization whose objective is to harmonize private international law across countries through uniform rules, international conventions, and the production of model laws, sets of principles, guides and guidelines. E

Trading basics

United Nations Office on Drugs and Crime

The United Nations Office on Drugs and Crime (UNODC; French: Office des Nations unies contre la drogue et le crime) is a United Nations office that was established in 1997 as the Office for Drug Control and Crime Prevention by combining the United Nations International Drug Control Program (UNDCP) and the Crime Prevention and Criminal Justice Division in the United Nations Office at Vien

Banking

Venezuelan banking crisis of 1994

The 1994 banking crisis occurred in Venezuela when a number of the banks of Venezuela were taken over by the government. The first to fail, in January 1994, was Banco Latino, the country's second-largest bank ($1.3 billion bailout). Later, two banks accounting for 18% of total deposits (Banco Consolidado and Banco de Venezuela) also failed. The crisis led President Rafael Caldera to susp

Banking

Venezuelan banking crisis of 2009–2010

The 2009–2010 banking crisis in Venezuela occurred when the government took control of several banks following revelations that institutions owned by supporters of Hugo Chavez supporters were in financial trouble after engaging in questionable business practices. Some were seriously undercapitalized, others were apparently lending large sums of money to top executives, and at least one f

Fiat currencies

Vietnamese đồng

The dong (Vietnamese: đồng; ; pronounced [ˀɗɜwŋ͡m˨˩]; sign: ₫ or informally đ and sometimes Đ in Vietnamese; code: VND) is the currency of Vietnam, in use since 3 May 1978. It is issued by the State Bank of Vietnam. The dong was also the currency of the predecessor states of North Vietnam and South Vietnam, having replaced the previously used French Indochinese piastre.

Trading basics

Vulture fund

A vulture fund is a hedge fund or private-equity fund that invests in debt considered to be very weak or in default, known as distressed debt. Investors in the fund profit by buying debt at a discounted price on a secondary market and then using numerous methods to sell the debt for more than the purchasing price. Debtors include companies, countries, and individuals.

Payments & settlement

Wero

Wero is a European digital wallet and instant account-to-account payment service developed by the European Payments Initiative (EPI). It was launched in Germany on 2 July 2024, followed by France and Belgium later that year. Wero is currently available in Belgium, France, Germany, Luxembourg, and the Netherlands. Leading Austrian banks are planning to introduce the service.

Trading basics

Westinghouse Electric Company

Westinghouse Electric Company LLC is an American nuclear power company formed in 1999 from the nuclear power division of the original Westinghouse Electric Corporation. It offers nuclear products and services to utilities internationally, including nuclear fuel, service and maintenance, instrumentation, control and design of nuclear power plants. Westinghouse's world headquarters are loc

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

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,

Payments & settlement

Worldline SA

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

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

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

Trading basics

Zero-rating

Zero-rating is the practice of providing Internet access without financial cost under certain conditions, such as by permitting access to only certain websites or by subsidizing the service with advertising or by exempting certain websites from the data allowance.