Industry WIKI
Digital assets and currencies
Understand assets, networks and trading mechanics with sources you can check.
Troubled Asset Relief Program
The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase toxic assets and equity from financial institutions to strengthen its financial sector that was passed by Congress and signed into law by President George W. Bush. It was a component of the government's measures in 2008 to address the subprime mortgage crisis.
Trading basicsTroy 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
Payments & settlementTruck wages
Truck wages are wages paid not in conventional money but instead in the form of payment in kind (i.e. commodities, including goods and/or services); credit with retailers; or a money substitute, such as scrip, chits, vouchers or tokens. Truck wages are a characteristic of a truck system, and are banned by the labour legislation of many countries.
FinanceTrust company
A trust company is a corporation that acts as a fiduciary, trustee or agent of trusts and agencies. A professional trust company may be independently owned or owned by, for example, a bank or a law firm, and which specializes in being a trustee of various kinds of trusts.
AssetsTrust Wallet
Trust Wallet is a multi‑chain, non‑custodial cryptocurrency wallet that allows users to store, send, receive, and manage digital assets across more than 100 blockchain networks. Available as a mobile app for iOS and Android and as a browser extension, the wallet supports decentralized finance (DeFi), NFTs, crypto staking, token swapping, and access to decentralized applications (dApps).
FinanceTrustco Bank Namibia
Trustco Bank Namibia Ltd., formerly the FIDES Bank Namibia, was a commercial bank in Namibia owned by Trustco Group Holdings. Its main commercial activity was to provide microfinancing services.
Trading basicsTrusted Shops
Trusted Shops is a company founded in Cologne, Germany, in 1999, which offers online shops and their customers trust-building services by means of a trustmark, a money-back guarantee process and a system of customer reviews. Online retailers are also provided with assistance in meeting legal requirements. Around 25,000 online shops display the trustmark as of July 2019.
Trading basicsTrustee in bankruptcy
A trustee in bankruptcy is an entity, often an individual, in charge of administering a bankruptcy estate.
AssetsTRX: The Native Asset of TRON
TRX is the native asset of the TRON network, also known as TRONIX. This article covers its positioning, mechanisms, verification checklist, and common misconceptions.
FinanceTryton
Tryton is a three-tier high-level general purpose computer application platform on top of which is built an enterprise resource planning (ERP) business solution through a set of Tryton modules.
Payments & settlementTSYS
Total System Services, Inc. (TSYS) is an American financial technology company based in Columbus, Georgia, that provides payment processing services, merchant services and related payment services. It also provides reloadable prepaid debit cards and payroll cards, and demand deposit accounts to the underbanked.
Trading basicsTucker Anthony
Tucker Anthony was an independent investment banking and brokerage firm based in Boston, Massachusetts. In 2001, the firm was acquired by Royal Bank of Canada and was then merged with the bank's Dain Rauscher Wessels subsidiary to create RBC Dain Rauscher.
Trading basicsTuition freeze
Tuition freeze is a government policy restricting the ability of administrators of post-secondary educational facilities (i.e. colleges and universities) to increase tuition fees for students. Although governments have various reasons for implementing such a policy, the main reason cited is improving accessibility for working- and middle-class students. A tuition fee freeze is a common p
Securities & exchangesTulip 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.
Trading basicsTuloy Foundation
The Tuloy Foundation, Inc. is a Philippine charitable organization focused on the marginalized youth. It was founded in 1993 by Marciano G. Evangelista of the Salesians of Don Bosco.
Trading basicsTuniu
Tuniu Corporation (Chinese: 途牛旅游网) is a Chinese online travel agency. The company was listed on the Nasdaq Stock Exchange on May 9, 2014. Its headquarters are located in Nanjing, with offices in Shanghai and Beijing.
FinanceTurbo warrant
A turbo warrant (or callable bull/bear contract) is a kind of stock option. Specifically, it is a barrier option of the down and out type. It is similar to a vanilla contract, but with two additional features: It has a low vega, meaning that the option price is much less affected by the implied volatility of the stock market, and it is highly geared due to the possibility of knockout. Th
BankingTurco (family)
The Turco, Turchi, Turci or sometimes Turco dei De Castello family's rise to prominence originated in 12th-century Asti, Italy, and later the surrounding comunes of Frinco, Mombercelli, Montemagno, Tonco, Viale, and in part Barbaresco, Neive, Revigliasco d'Asti and Savigliano. They are considered one of the "Casane Astigiane", the major familial banking "houses" that powered the economy
FinanceTurkey 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
FinanceTurkish 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 currenciesTurkish 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 currenciesTurkish 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.
Trading basicsTurkmen manat
The manat (Turkmen: manat; abbreviation: m; code: TMT) is the currency of Turkmenistan. The original manat was introduced on 1 November 1993, replacing the ruble at a rate of 1 manat = Rbls 500. The manat is subdivided into 100 tenge (Turkmen: teňňe).
Trading basicsTurnstile
A turnstile (also called a gateline, baffle gate, automated gate, turn gate in some regions) is a form of gate which allows one person to pass at a time. A turnstile can be configured to enforce one-way human traffic. In addition, a turnstile can restrict passage only to people who insert a coin, ticket, transit pass, security credential, or other method of payment or verification. Mode
FinanceTurquoise (trading platform)
Turquoise is an equities trading platform (multilateral trading facility or MTF), created by nine major investment banks in 2008. The aim was to provide dealing services at a 50% discount to traditional exchanges. It is a hybrid system that allows trading both on and off traditional exchanges. The system was advertised as a "pan-European platform based in London".
FinanceTuttle Twins
Tuttle Twins is an American educational animated series distributed by Angel Studios and produced by Tuttle Twins Show LLC, based on the book series of the same name by Connor Boyack. First released on June 30, 2021, the series follows twin siblings Ethan and Emily Tuttle, who travel through space and time with their grandmother Gabby to meet historical figures and learn lessons about to
Trading basicsTuvaluan dollar
The Tuvaluan dollar is one of the currencies of Tuvalu, whose unofficial international currency code is TVD. Tuvalu has never had banknotes of its own, and has been issuing coins since 1976. However, the Tuvaluan dollar is used as a unit of account, and is pegged to the Australian dollar (the other currency of Tuvalu) at parity. From 1966 to 1976, Tuvalu officially used the Australian do
Fiat currenciesTuzex
Tuzex was a series of state-run shops in Czechoslovakia from 1957 to 1992 which did not accept normal Czechoslovak koruna currency but only vouchers (bony) which could be purchased from banks using foreign currency. They supplied luxury items: local goods in short supply and in particular foreign goods. The Tuzex vouchers were effectively an unofficial parallel currency.
FinanceTwin crises
In economics, twin crises, also called a balance of payments crisis, are simultaneous crises in banking and currency. The term was introduced in the late 1990s by economists Graciela Kaminsky and Carmen Reinhart after several such crises worldwide.
Trading basicsTwinity
Twinity is a 3D online virtual world. Initially developed by Metaversum GmbH, it is currently held by ExitReality. The game offers its population, called Twinizens, to navigate around virtual (historical) versions of real-world cities, also called a mirror world or a Metaverse. A public beta began in September 2008, with the release of the first virtual city, Berlin, which later was foll
Payments & settlementTWINT
Twint is a Swiss mobile payment system rolled out nation-wide in 2017. As of 2024, Twint has become ubiquitous in Switzerland, with many stores accepting Twint payments and nearly all banks taking part in the payment system. The app was developed by Monexio, a wholly owned subsidiary of PostFinance, beginning in 2014.
FinanceTwo-moment decision model
In decision theory, economics, and finance, a two-moment decision model is a model that describes or prescribes the process of making decisions in a context in which the decision-maker is faced with random variables whose realizations cannot be known in advance, and in which choices are made based on knowledge of two moments of those random variables. The two moments are almost always t
Trading basicsTypes of e-commerce
There are many types of e-commerce models, based on market segmentation, that can be used to conduct business online. The 6 types of business models that can be used in e-commerce include: Business-to-Consumer (B2C), Consumer-to-Business (C2B), Business-to-Business (B2B), Consumer-to-Consumer (C2C), Business-to-Administration (B2A), and Consumer-to-Administration
Trading basicsU-Pass BC
U-Pass BC is a public transportation monthly pass for post-secondary students valid throughout British Columbia and available to all students at participating institutions.
FinanceU.S. Bancorp
U.S. Bancorp (stylized as us bancorp) is an American multinational banking institution headquartered in Minneapolis, Minnesota, and incorporated in Delaware. It is the 7th-largest bank in the United States as of March 2026. As the largest bank in the Midwestern United States, it is considered a domestic systemically important bank (D-SIB) by the Federal Reserve. It is the parent company
Fiat currenciesU.S. Dollar Index
The U.S. Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies. The Index goes up when the U.S. dollar gains "strength" (value) when compared to other currencies.
FinanceU.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
Trading basicsUAE Exchange
UAE Exchange (Arabic: مركز الإمارات العربية المتحدة للصرافة; Markaz Al'Imarat Alearabiat Almutahidat Lilsarafa) was a United Arab Emirates-based company dealing primarily in remittance, foreign exchange and bill payment services.
Trading basicsUbiquitous commerce
Ubiquitous Commerce also known as U-Commerce, u commerce or uCommerce (not 'U.Commerce'), refers to a variety of goods and/or services. Sometimes, it is used to refer to the wireless, continuous communication and exchange of data and information between and among retailers, customers, and systems (e.g., applications) regardless of location, devices used, or time of day.
Trading basicsUBS
UBS Group AG (stylized simply as UBS) is a Swiss multinational investment bank and financial services firm founded and based in Switzerland, with headquarters in both Zurich and Basel. It holds a strong foothold in all major financial centres as the largest Swiss banking institution and the world's largest private bank. UBS manages the largest amount of private wealth in the world, coun
BankingUBS tax evasion controversies
The Swiss investment bank and financial services company, UBS Group AG, has been at the center of numerous tax evasion and avoidance investigations undertaken by U.S., French, German, Israeli, and Belgian tax authorities as a consequence of their strict banking secrecy practices.
FinanceUganda Investment Authority
The Uganda Investment Authority (UIA) is a semi-autonomous investment promotion and facilitation organisation in Uganda and is owned by the government of Uganda.
FinanceUgly Americans (book)
Ugly Americans: The True Story of the Ivy League Cowboys Who Raided the Asian Markets for Millions is a book by Ben Mezrich that recounts the exploits of an American called John Malcolm (a pseudonym) arbitraging index futures in Japan in the 1990s. The book was released on May 4, 2004 by William Morrow and Company.
Trading basicsUK Asset Resolution
UK Asset Resolution (UKAR) is a British financial services holding company with headquarters in the West Yorkshire village of Crossflatts (near Bradford & Bingley's former headquarters in Bingley). It was established in October 2010 as a bad bank to hold the two run-off elements, Bradford & Bingley (including the Mortgage Express brand) and NRAM plc (previously known as Northern Rock Ass
Trading basicsUK Financial Investments
UK Financial Investments (UKFI) was a limited company set up in November 2008 and mandated by the UK government to manage HM Treasury's shareholdings in Lloyds Banking Group, the Royal Bank of Scotland Group and UK Asset Resolution. UKFI ceased trading in March 2018, and its business and assets were transferred to UK Government Investments.
Trading basicsUK Government Investments
UK Government Investments (UKGI) is a company owned by the United Kingdom government which combines the former functions of the Shareholder Executive and UK Financial Investments. UKGI manages a portfolio of businesses, including Channel Four Television Corporation and previously NatWest Group.
Trading basicsUkash
Ukash was a UK-based electronic money system that allowed users to exchange their cash for a secure code to make payments online. It was acquired by Skrill Group in April 2014 and merged into Austrian competitor paysafecard, acquired by Skrill a year earlier. All existing vouchers expired after 31 October 2015. Remaining ones could be exchanged into paysafecard PINs, in May 2016 paysafec
Trading basicsUKG
UKG (Ultimate Kronos Group) is an American multinational technology company with dual headquarters in Lowell, Massachusetts, and Weston, Florida. UKG is the AI-first Workplace Operating Platform with unified HR, payroll, and workforce management services.
BankingUkraine 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.
Trading basicsUkraineInvest
UkraineInvest (Ukraine Investment Promotion Office) was established on October 19, 2016, by a resolution of the Cabinet of Ministers of Ukraine No. 740 as an independent advisory body with a mandate to attract and support foreign direct investment (FDI) and to help improve Ukraine's image as a secure investment destination.
Securities & exchangesUkrainian Exchange
The Ukrainian Exchange (Ukrainian: Українська біржа [ʊkrɐˈjinʲsʲkɐ ˈbirʒɐ]; Russian: Украинская биржа) was founded on 15 May 2008 and its operation premises are situated at 7g, Tropinina Street, Kyiv.
Fiat currenciesUkrainian 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 basicsUltimate Fighting Championship
The Ultimate Fighting Championship (UFC) is an American mixed martial arts (MMA) promotion company based in the Las Vegas, Nevada, area. It is owned and operated by TKO Group Holdings, itself a majority owned subsidiary of the WME Group. The largest MMA promotion in the world, the UFC has over 578 fighters contracted that fight across 11 weight divisions (eight men's and three women's).
Trading basicsUltimate oscillator
The ultimate oscillator is a theoretical concept in finance developed by Larry Williams as a way to account for the problems experienced in most oscillators when used over different lengths of time.
Trading basicsUmbrella brand
Umbrella branding (also known as family branding) is a marketing practice involving the use of a single brand name for the sale of two or more related products. Umbrella branding is mainly used by companies with a positive brand equity (value of a brand in a certain marketplace). All products use the same means of identification and lack additional brand names or symbols etc. This market
Trading basicsUnam 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
FinanceUnbanked
The unbanked are adults who do not have their own bank accounts. Along with the underbanked, they may rely on alternative financial services for their financial needs, where these are available.
Trading basicsUnbound (nonprofit organization)
Unbound, formerly Christian Foundation for Children and Aging, is a nonprofit international development organization headquartered in Kansas City, Kansas. Unbound was founded by lay Catholics acting on the Gospel call to serve poor families and the elderly. Its sponsorship program provides direct cash transfers to sponsored members who determine how to use their cash benefits to meet the
BankingUncle Paulo incident
On 16 April 2024, Érika de Souza Vieira Nunes, a 42-year-old Brazilian woman, brought the corpse of her 68-year-old uncle, Paulo Roberto Braga, to an Itaú bank branch in an attempt to withdraw a loan of 17,000 Brazilian reais. The incident occurred in the Bangu neighborhood of Rio de Janeiro and was recorded by bank employees.
Trading basicsUndercapitalization
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
FinanceUnderemployment
Underemployment is the underuse of a worker because their job does not use their skills, offers them too few hours, or leaves the worker idle. It is contrasted with unemployment, where a person lacks a job at all despite wanting one.
Trading basicsUndertakings for Collective Investment in Transferable Securities Directive 2009
The Undertakings for Collective Investment in Transferable Securities Directive (Directive 2009/65/EC, "UCITS") is a directive of the European Union (EU) that allows collective investment schemes to operate freely throughout the EU on the basis of a single authorisation from one member state. EU member states are entitled to have additional regulatory requirements for the benefit of inve
Trading basicsUndervalue transaction
An undervalue transaction is a transaction entered into by a company who subsequently goes into bankruptcy which the court orders be set aside, usually upon the application of a liquidator for the benefit of the debtor's creditors. This can occur where the transaction was seriously disadvantageous to the company and the company was insolvent or in immediate risk of becoming insolvent.
Securities & exchangesUnderwriting
Underwriting (UW) services are provided by some large financial institutions, such as banks, insurance companies and investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issues of security in a
Trading basicsUnderwriting profit
Underwriting profit, also called underwriting income, is the profit an insurer makes from underwriting activities after claims and underwriting expenses are accounted for, excluding any investment income.
Trading basicsUnderwriting spot
An underwriting spot, also known as sponsor credit, is an announcement made on public broadcasting outlets, especially in the United States, in exchange for funding. These spots usually mention the name of the sponsor, and can resemble traditional television advertisements in commercial broadcasting to a limited extent; however, under the terms of a public broadcaster's license from the
Trading basicsUnearned 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.
FinanceUnemployment
Unemployment is the state of not being in paid employment or self-employment but rather currently available for work. Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed above a specified age added to those unemployed) during the reference period.
BankingUnibanco
Unibanco S.A. was a Brazilian bank that operated from 1924 to 2009, when it was merged into Banco Itaú. The name stood for União de Bancos Brasileiros ("Union of Brazilian Banks").
Trading basicsUnicorn (finance)
In business, a unicorn is a startup company valued at over US$1 billion which is privately owned and therefore its company shares are not publicly listed. The term was coined in 2013 by venture capitalist Aileen Lee, choosing the mythical animal to represent the statistical rarity of such successful ventures.
Trading basicsUnicorn bubble
A unicorn bubble is a theoretical economic bubble that would occur when unicorn startup companies are overvalued by venture capitalists or investors. This can either occur during the private phase of these unicorn companies, or in an initial public offering. A unicorn company is a startup company valued at, or above, $1 billion US dollars.
FinanceUniCredit
UniCredit S.p.A. (formerly UniCredito Italiano S.p.A.) is an Italian multinational banking group headquartered in Milan. It is one of the largest banking groups in Italy, alongside Intesa Sanpaolo. As of 2025, it was the world's 44th-largest bank by total assets.
Securities & exchangesUNIDROIT
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
BankingUnified Payments Interface
Unified Payments Interface (UPI) is an Indian instant payment system and protocol developed by the National Payments Corporation of India (NPCI) in April 11th 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions. It is used on mobile devices to instantly transfer funds between two bank accounts using only a unique UPI ID. It runs as an o
Securities & exchangesUniform Symbology
Uniform Symbology (also known as UMTF), in the context of European financial markets, refers to a common scheme to refer to securities ("symbols"), adopted by European markets in 2008. The original announcement reads as follows:
Trading basicsUnilateral policy
Under a unilateral policy (or "colgate policy" or "unilateral minimum retail price policy") a manufacturer, without any agreement with the reseller, announces a minimum resale price and refuses to make further sales to any reseller that sells below the announced price. Unilateral policy is a form of resale price maintenance that enables a manufacturer to influence the price at which its
Trading basicsUnion of Sales and Marketing Professionals
The Union of Sales and Marketing Professionals (Finnish: Myynnin ja markkinoinnin ammattilaiset MMA) is a trade union in Finland. It represents professionals working in sales, marketing, and purchasing. With its 20,000 members, MMA is one of the biggest affiliates of Akava, the Confederation of Unions for Professional and Managerial Staff in Finland. MMA is a former member of STTK.
BankingUnionPay
UnionPay (Chinese: 银联; pinyin: Yínlián), also known as China UnionPay (Chinese: 中国银联; pinyin: Zhōngguó Yínlián) or by its abbreviation, CUP or UPI internationally, is a Chinese state-owned financial services corporation headquartered in Shanghai, China. It provides bank card services and a major card scheme in mainland China. Founded on 26 March 2002, China UnionPay is an association fo
Trading basicsUnique selling proposition
In marketing, the unique selling proposition (USP), also called the unique selling point or the unique value proposition (UVP) in the business model canvas, is the marketing strategy of informing customers about how one's own brand or product is superior to its competitors (in addition to its other values).
FinanceUnisys
Unisys Corporation is an American technology company founded in 1986 and headquartered in Blue Bell, Pennsylvania. The company provides cloud, AI, digital workplace, logistics, and enterprise computing services.
Trading basicsUnit of account
In economics, unit of account, sometimes called currency unit or monetary unit, is a standard unit of measurement of the market value of goods, services, and other transactions. Also known as a measure of relative worth and a standard of deferred payment, a unit of account is a necessary prerequisite for the formulation of commercial agreements that involve debt.
Trading basicsUnited Arab Emirates dirham
The Emirati dirham (symbol: ; currency code: AED; ;) Arabic: درهم إماراتي, abbreviation: د.إ in Arabic, Dh; is the official currency of the United Arab Emirates. Each dirham is subdivided into 100 fulus (singular is "fils"). It is pegged to the United States dollar at a constant exchange rate of approximately 3.67 AED to 1 USD. In March 2025, the UAE Central Bank announced the creation o
FinanceUnited Kingdom cost-of-living crisis
In late 2021, the prices of many essential goods in the United Kingdom began increasing faster than household incomes, resulting in a fall in real incomes. The phenomenon has been termed a cost-of-living crisis. It is due in part to the economic impact of the COVID-19 pandemic, including a global surge in inflation, wage stagnation attributed to the Conservative Party's austerity program
Trading basicsUnited Kingdom government austerity programme
The United Kingdom government austerity programme was a fiscal policy that was adopted for a period in the early 21st century following the era of the Great Recession. Coalition and Conservative governments in office from 2010 to 2019 used the term, and it was applied again by many observers to describe Conservative Party policies from 2021 to 2024, during the cost of living crisis. With
FinanceUnited Kingdom insolvency law
United Kingdom insolvency law regulates companies in the United Kingdom which are unable to repay their debts. While UK bankruptcy law concerns the rules for natural persons, the term insolvency is generally used for companies formed under the Companies Act 2006. Insolvency means being unable to pay debts. Since the Cork Report of 1982, the modern policy of UK insolvency law has been to
Trading basicsUnited Nations Convention Against Corruption
The United Nations Convention Against Corruption (UNCAC) is the only legally binding international anti-corruption multilateral treaty. Negotiated by member states of the United Nations (UN) it was adopted by the UN General Assembly in October 2003 and entered into force in December 2005. The treaty recognises the importance of both preventive and punitive measures, addresses the cross-b
Trading basicsUnited 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
Trading basicsUnited Rentals
United Rentals, Inc. is an American equipment rental company, with about 16 percent of the North American market share as of 2022. It owns the largest rental fleet in the world with approximately 4,800 classes of equipment totaling about $20.59 billion in original equipment cost (OEC) as of 2025. The company has a combined total of 1,625 locations, including an integrated network of 1,50
FinanceUnited States as a tax haven
In 2010, the United States implemented the Foreign Account Tax Compliance Act; the law required financial firms around the world to report accounts held by US citizens to the Internal Revenue Service.
Trading basicsUnited States Customs Service
The United States Customs Service was a federal law enforcement agency of the U.S. federal government. Established on July 31, 1789, it collected import tariffs, performed other selected border security duties, as well as conducted criminal investigations.
Trading basicsUnited States debt ceiling
In the United States, the debt ceiling is a law limiting the total amount of money the federal government can borrow. Since 2025, the debt ceiling is $41.1 trillion after being raised by $5 trillion through the "One Big Beautiful Bill Act" (OBBBA). The debt ceiling is expected to breach by 2027. The U.S. government has borrowed to finance its budget since 2002, running a structural budge
FinanceUnited States Department of the Treasury
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States. It is one of 15 current U.S. government departments. The treasury executes currency circulation in the domestic fiscal system, collects all federal taxes through the Internal Revenue Service, manages U.S. government debt, licenses and supervises banks and
Fiat currenciesUnited States dollar
The United States dollar (symbol: $; currency code: USD) is the official currency of the United States (U.S.) and several other countries. The U.S. Coinage Act of 1792 established the dollar as the base unit, with each dollar divided into 100 cents (symbol: ¢). U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green col
FinanceUnited States House Committee on Financial Services
The United States House Committee on Financial Services, also referred to as the House Banking Committee and previously known as the Committee on Banking and Currency, is the committee of the United States House of Representatives that oversees the entire financial services industry, including the securities, insurance, banking and housing industries. The Financial Services Committee als
BankingUnited States National Bank of San Diego
United States National Bank of San Diego (USNB) was a large California bank seized by the Federal Deposit Insurance Corporation (FDIC) in 1973 due to the malfeasance of its owner, C. Arnholt Smith (1899–1996). It was, at the time, the largest bank ever seized by the FDIC. USNB's assets and domestic branches were taken over by Crocker National Bank, which later merged into Wells Fargo.
Trading basicsUnited States sanctions on Bangladesh
In 2021, the United States imposed government sanctions on Rapid Action Battalion (RAB), an elite security force, and six of its officials on charges of involvement in serious human rights violations in the country. Under the Magnitsky Act, it was first such case of sanctions by the United States government on the South Asian country.
Trading basicsUnited States Savings Bonds
United States Savings Bonds are debt securities issued by the United States Department of the Treasury to help pay for the U.S. government's borrowing needs. They are considered one of the safest investments because they are backed by the full faith and credit of the United States government. The savings bonds are nonmarketable treasury securities issued to the public, which means they c
FinanceUnited States Secret Service
The United States Secret Service (USSS or Secret Service) is a federal law enforcement agency under the United States Department of Homeland Security. It is tasked with conducting criminal investigations and providing protection to American political leaders, their families, and visiting heads of state or government.
Trading basicsUnited States Secretary of the Treasury
The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is, by custom, a member of the
Securities & exchangesUnited States securities regulation
Securities regulation in the United States is the field of U.S. law that covers transactions and other dealings with securities. The term is usually understood to include both federal and state-level regulation by governmental regulatory agencies, but sometimes may also encompass listing requirements of exchanges like the New York Stock Exchange and rules of self-regulatory organizations