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Finance

1993 Russian monetary reform

Russia's monetary reform of 1993 took place from 26 July to 7 August 1993.

Finance

1998 Russian monetary reform

Russia launched a monetary reform on January 1, 1998. Preparation started in August 1997. Replacement of the old banknotes occurred gradually, until 2002.

Trading basics

Administration (law)

As a legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions, similar to receivership or bankruptcy in the United States. It functions as a rescue mechanism for insolvent entities and allows them to carry on running their business. The process – in the United Kingdom colloquially called being "under administration" – is an alternativ

Trading basics

Anti-deprivation rule

The anti-deprivation rule (also known as fraud upon the bankruptcy law) is a principle applied by the courts in common law jurisdictions (other than the United States) in which, according to Mellish LJ in Re Jeavons, ex parte Mackay, "a person cannot make it a part of his contract that, in the event of bankruptcy, he is then to get some additional advantage which prevents the property be

Finance

Association of Public Treasurers of the United States and Canada

Association of Public Treasurers of the United States and Canada (APTUSC) is the professional society of active public treasurers of counties, provinces, cities, and special districts in the United States and Canada. It sets ethical standards for the treasury profession in state and local government.

Banking

Bank examiner

A bank examiner is a financial professional who has the task of making sure that banks and savings and loan associations are operating legally and safely, in accordance with the bank regulations imposed on these institutions by the chartering level of government. In the United States, they may conduct supervision on behalf of a U.S. government agency, the Federal Reserve System, a state

Finance

Bank regulation and supervision

Bank regulation and supervision refers to a form of financial regulation which subjects banks to certain requirements, restrictions and guidelines, enforced by a financial supervisory authority or supervisor, with semantic variations across jurisdictions. By and large, bank regulation and supervision aims at ensuring the stability of the banking sector and at fostering transparency betwe

Banking

Banking in Bangladesh

Bangladesh, classified as a developing country, faces challenges in its banking sector, particularly concerning the services and customer care provided by state-owned banks.

Banking

Banking in South Sudan

Established by the Bank of South Sudan Act of 2011, the Central Bank of South Sudan is statutorily mandated to regulate the operations of all financial institutions in the country, including commercial banks. The Central Bank fulfills this mandate by issuing prudential guidelines and regulations as provided for under the Act. In theory, the licensed commercial banks are obligated to oper

Banking

Banking in Ukraine

The history of banking in Ukraine since Ukrainian independence in 1991 has seen since the late 2000s several periods of bank mergers and acquisitions of different natures. Early 2016 117 banks were operating in Ukraine, their assets amounted to ₴1.254 trillion. According to the central bank of Ukraine there were 81 solvent licensed banks in Ukraine on 1 October 2018 whose assets were ₴1.

Finance

Bayt al-mal

Bayt al-mal (بيت المال) is an Arabic term that is translated as "House of money" or "House of wealth". Historically, it was a financial institution responsible for the administration of taxes in Islamic states; particularly in the early Islamic Caliphate, it functioned as something of a mix between a Central Bank and a Treasury. It was managed by the caliphs and sultans, in dealing with

Trading basics

Bono

Paul David Hewson (born 10 May 1960), known by the nickname Bono ( BON-oh), is an Irish singer-songwriter and activist. He is a founding member, the lead vocalist, and primary lyricist of the rock band U2. Bono is known for his impassioned vocal style as well as his grandiose songwriting and performance style. His lyrics frequently include social and political themes, and religious image

Trading basics

Business Growth Fund

BGF, established in 2011 as the Business Growth Fund, is a leading European mid-market private equity and investment firm that provides scaleup support for small and mid-sized businesses. The firm is recognised as The United Kingdom and Ireland's most active growth equity investor.

Trading basics

Clearfield Trust Co. v. United States

Clearfield Trust Co. v. United States, 318 U.S. 363 (1943), was a case in which the Supreme Court of the United States held that federal negotiable instruments were governed by federal law, and thus the federal court had the authority to fashion a common law rule.[1]

Trading basics

Competitive heterogeneity

Competitive heterogeneity is a concept from strategic management that examines why industries do not converge on one best way of doing things. In the view of strategic management scholars, the microeconomics of production and competition combine to predict that industries will be composed of identical firms offering identical products at identical prices.

Finance

Compulsive buying disorder

Compulsive buying disorder (CBD) is characterized by an obsession with shopping and buying behavior that causes adverse consequences. It "is experienced as a recurring, compelling and irresistible–compulsive urge, in acquiring goods that lack practical utility and very low cost resulting in excessive, expensive and time-consuming retail activity [that is] typically prompted by negative a

Trading basics

Conservatorship

Under U.S. law, a conservatorship results from the appointment of a guardian or a protector by a judge to manage the personal or financial affairs of another person who is incapable of fully managing their own affairs due to age or physical or mental limitations. A person under conservatorship is a "conservatee", a term that can refer to an adult. A person under guardianship is a "ward",

Fiat currencies

Contaminated currency

Most banknotes have traces of cocaine on them; this has been confirmed by studies done in several countries. In 1994, the U.S. 9th Circuit Court of Appeals cited findings that in Los Angeles, three out of four banknotes were tainted by cocaine or another illicit drug.

Trading basics

Copy testing

Copy testing is a specialized field of marketing research that determines an advertisement's effectiveness based on consumer responses, feedback, and behavior. Also referred to as pre-testing, it might address all media channels including television, print, radio, outdoor signage, internet, and social media. Research has also examined how copy testing can be incorporated into the selecti

Trading basics

Cram down

A cram down or cramdown is the involuntary imposition by a court of a reorganization plan over the objection of some classes of creditors.

Trading basics

Crossing the Chasm

Crossing the Chasm: Marketing and Selling High-Tech Products to Mainstream Customers or simply Crossing the Chasm (1991, revised 1999 and 2014), is a marketing book by Geoffrey A. Moore that examines the market dynamics faced by innovative new products, with a particular focus on the "chasm" or adoption gap that lies between early and mainstream markets.

Trading basics

Daphne Caruana Galizia

Daphne Anne Caruana Galizia (née Vella; 26 August 1964 – 16 October 2017) was a Maltese writer, journalist, blogger and anti-corruption activist who reported on political events in Malta. She was known internationally for her investigation of the Panama Papers and her subsequent assassination by a car bomb.

Trading basics

Debtocracy

Debtocracy (Greek: Χρεοκρατία Chreokratía) is a 2011 left-wing documentary film by Katerina Kitidi and Aris Chatzistefanou. The documentary examines the causes of the Greek government-debt crisis in 2010 and advocates for the default of "odious debt".

Banking

Digital ruble

The digital ruble (Russian: цифровой рубль, romanized: tsifrovoy rubl') is a central bank digital currency (CBDC) issued by the Central Bank of Russia (Bank of Russia). It represents the third official form of the Russian national currency alongside cash and commercial bank deposits, with all forms legally equivalent and exchangeable at par.

Trading basics

Eir (telecommunications)

Eircom Limited, trading as Eir ( AIR; stylised eir), is a large fixed, mobile and broadband telecommunications company in Ireland. The company, which is currently incorporated in Jersey, traces its origins to Ireland's former state-owned monopoly telecommunication provider Telecom Éireann and its predecessors, P&T (the Dept. of Posts and Telegraphs) and before the foundation of the state

Trading basics

Essential Commodities Act, 1955

The Essential Commodities Act, 1955 (ECA) is an act of the Parliament of India that was established to ensure the delivery of certain commodities or products, the supply of which, if obstructed due to hoarding or black marketing, would affect the normal life of the people. This includes foodstuff, drugs, fuel (petroleum products) etc. This act was modified by the Essential Commodities (A

Trading basics

Examinership

Examinership is a process in Irish law whereby the protection of the Court is obtained to assist the survival of a company. It allows a company to restructure with the approval of the High Court.

Finance

Financial Reporting Act 2015

The Financial Reporting Act 2015 (known as FRA 2015) is an act of the parliament of Bangladesh. The act was passed on September 6, 2015, in order to follow the accountability and transparency of the financial reporting procedures in the country. On September 9, 2015, the act was officially published by the government of Bangladesh.

Finance

Financial Supervisory Service

The Financial Supervisory Service (FSS) is South Korea's integrated financial regulator that examines and supervises financial institutions under the broad oversight of the Financial Services Commission (FSC), the government regulatory authority staffed by civil servants.

Trading basics

Floating charge

In finance, a floating charge is a security interest over a fund of changing assets of a company or other legal person. Unlike a fixed charge, which is created over ascertained and definite property, a floating charge is created over property of an ambulatory and shifting nature, such as receivables and stock.

Trading basics

Flour War

The Flour War (French: Guerre des farines) refers to a wave of riots from April to May 1775, in the northern, eastern, and western parts of the Kingdom of France. It followed an increase in grain prices, and subsequently bread prices; bread was an important source of food among the populace. Contributing factors to the riots include poor weather and harvests, and the withholding by polic

Trading basics

Food inflation

Food inflation is a type of inflation that affects food items. It is often the most noticeable form of inflation, and tends to impact lower income individuals the hardest. Common causes include poor harvest, war, increasing energy prices, and food being unharvested. Food inflation almost always leads to currency inflation, as food is a requirement for survival.

Finance

Food speculation

Food speculation refers to the buying and selling of futures contracts or other commodity derivatives by traders with the aim of profiting from changes in food prices. Food speculation can be both positive and negative for food producers and buyers. It is betting on food prices in financial markets.

Finance

Fraud

In law, fraud is intentional deception to deprive a victim of a legal right or to gain from a victim unlawfully or unfairly. Fraud can violate civil law (e.g., a fraud victim may sue the fraud perpetrator to thwart the fraud or recover monetary compensation) or criminal law (e.g., a fraud perpetrator may be prosecuted and imprisoned by governmental authorities), or it may be an element o

Finance

Fraudulent conveyance

A fraudulent conveyance or fraudulent transfer is the transfer of property to another party to prevent, hinder, or delay the collection of a debt owed by or incumbent on the party making the transfer, sometimes by rendering the transferring party insolvent. It is generally treated as a civil cause of action that arises in debtor/creditor relations, typically brought by creditors or by ba

Trading basics

Fraudulent trading

In company law, fraudulent trading is doing business with intent to defraud creditors.

Banking

Giovanni Villani

Giovanni Villani (Italian pronunciation: [dʒoˈvanni vilˈlaːni]; c. 1276 or 1280 – 1348) was an Italian banker, official, diplomat and chronicler from Florence who wrote the Nuova Cronica (New Chronicles) on the history of Florence. He was a leading statesman of Florence but later gained an unsavoury reputation and served time in prison as a result of the bankruptcy of a trading and banki

Trading basics

Great Bullion Famine

The Great Bullion Famine was a shortage of precious metals that struck Europe in the 15th century, with the worst years of the famine being 1457 to 1464. During the Middle Ages, gold and silver coins saw widespread use as currency in Europe and facilitated trade with the Middle East and Asia; the shortage of these metals therefore became a problem for European economies. The main cause f

Finance

Group of Thirty

The Group of Thirty, often abbreviated to G30, is an international body of financiers and academics which aims to deepen understanding of economic and financial issues and to examine consequences of decisions made in the public and private sectors. Areas within the interest of the group include: the foreign exchange market, international capital markets, international financial instituti

Trading basics

Hatsune Miku: Colorful Stage!

Hatsune Miku: Colorful Stage! (originally released in Japan as Project Sekai: Colorful Stage! feat. Hatsune Miku) is a rhythm game developed by Colorful Palette (a subsidiary of CyberAgent) in cooperation with, and published by, Sega. The game features the 6 Virtual Singers of Crypton Future Media – Hatsune Miku, Megurine Luka, Kagamine Rin and Len, Meiko, and Kaito – alongside the cast

Trading basics

History of paper currency in the Indian subcontinent

Many European trading companies came to India's during the 18th century. These trading companies set up private banks which issued paper currencies in Indian subcontinent first. But these notes were text-based. Charles Canning, 1st Earl Canning first introduced paper currency in Indian subcontinent in 1861 officially.

Finance

Incentive

An incentive is anything that persuades a person or organization to alter their behavior to produce a desired outcome. Incentives are widely studied in personnel economics, where researchers and human resource managers examine how firms use pay, career opportunities, performance evaluation, and other mechanisms to motivate employees and improve organizational outcomes. Higher incentives

Finance

Insolvency practitioner

In the United Kingdom, only an authorised or licensed insolvency practitioner (IP) may be appointed in relation to formal insolvency procedures.

Finance

International finance

International finance (also referred to as international monetary economics) is the branch of monetary and macroeconomic interrelations between two or more countries. International finance examines the dynamics of the global financial system, international monetary systems, balance of payments, exchange rates, foreign direct investment, and how these topics relate to international trade.

Trading basics

Irwin L. Jacobs

Irwin L. Jacobs (July 15, 1941 – c. April 10, 2019) was an American businessman. He was the CEO of several large corporations, including the boat-building company Genmar Holdings. He earned the nickname "Irv the Liquidator" for his aggressive business practices in the 1970s and early 1980s. In 1973, Jacobs founded COMB ("Close-out Merchandise Buyers"), a catalog-based mail-order retail

Banking

It's a Wonderful Life

It's a Wonderful Life is a 1946 American Christmas fantasy drama film directed and produced by Frank Capra. It is based on the short story and booklet "The Greatest Gift", self-published by Philip Van Doren Stern in 1943, which itself is loosely based on the 1843 Charles Dickens novella A Christmas Carol.

Trading basics

Life and Debt

Life and Debt is a 2001 American documentary film directed by Stephanie Black. It examines the economic and social situation in Jamaica after globalization, and specifically how the International Monetary Fund and the World Bank's structural adjustment policies have impacted the island.

Banking

Lionel de Rothschild

Baron Lionel Nathan de Rothschild (22 November 1808 – 3 June 1879) was a British Jewish banker, politician and philanthropist who was a member of the prominent Rothschild banking family of England. He became the first practising Jew to sit as a Member of Parliament in the House of Commons of the United Kingdom.

Trading basics

Liquidator (law)

In law, a liquidator is the officer appointed when a company goes into winding-up or liquidation who has responsibility for collecting in all of the assets under such circumstances of the company and settling all claims against the company before putting the company into dissolution. Liquidator is a person officially appointed to 'liquidate' a company or firm. Their duty is to ascertain

Finance

Madoff investment scandal

The Madoff investment scandal, sometimes known as Madoffgate, was a financial scandal discovered in late 2008. In December of that year, Bernie Madoff, the former Nasdaq chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate multi-billion-dollar Ponzi scheme. Madoff founded Bernard

Finance

Market microstructure

Market microstructure is a branch of finance concerned with the details of how exchange occurs in markets. While the theory of market microstructure applies to the exchange of real or financial assets, more evidence is available on the microstructure in the financial field due to the availability of transactions data from them. The major thrust of market microstructure research examines

Trading basics

Marketing ethics

Marketing ethics is an area of applied ethics that examines the moral principles and standards governing the practice and regulation of marketing. It addresses ethical issues arising in areas such as advertising, promotion, pricing, product development, and distribution. Certain aspects of marketing ethics, particularly advertising and promotional practices, overlap with media ethics and

Trading basics

Minimum support price (India)

The minimum support price (MSP) is the minimum price for select crops raised in kharif and rabi seasons that the Government of India considers as remunerative for farmers and hence deserves support. This is different from procurement price and issue price. It is generally announced before the sowing/planting season. It is approved by the government and aims to safeguard the farmer to a m

Finance

Ministry of Economy and Finance (Guinea)

The Ministry of Economy and Finance of Guinea is a department of the Government of Guinea in charge of public finances of Guinea.

Finance

Ministry of Finance (Ukraine)

The Ministry of Finance of Ukraine (Ukrainian: Міністерство фінансів України) is the ministry of the Government of Ukraine charged with developing and implementing national financial and budget policies, and with defining national policies in customs and taxation. The ministry is responsible for ensuring that the state has enough resources to perform its functions and that financial poli

Fiat currencies

Monetary economics

Monetary economics is the branch of economics that studies the nature, role, and impact of money and monetary institutions. It provides a framework for analyzing money and its core functions—as a medium of exchange, a store of value, and a unit of account—and examines how money can achieve widespread acceptance, including through its role as a public good.

Finance

National Academy of Customs Indirect Taxes and Narcotics

The National Academy of Customs, Indirect Taxes and Narcotics (NACIN) formerly known as National Academy of Customs, Excise and Narcotics (NACEN) is the apex civil service training institute of the Government of India for capacity building of civil servants in the field of indirect taxation, particularly the areas of Customs, GST, Central Excise, Service Tax and Narcotics Control Admin

Trading basics

Nutraceutical

Nutraceutical is a marketing term used to imply a pharmaceutical effect from plant extracts, compounds, or food products that are claimed to influence health outcomes, typically as dietary supplements.

Banking

Ouhoumoudou Mahamadou

Ouhoumoudou Mahamadou (born 1954) is a Nigerien politician of the Nigerien Party for Democracy and Socialism (PNDS-Tarayya) who served as Prime Minister of Niger between 3 April 2021 and 26 July 2023, when he was removed in a coup d'état.

Trading basics

Panic buying

Panic buying (alternatively hyphenated as panic-buying; also known as panic purchasing) occurs when consumers buy unusually large amounts of a product in anticipation of, or after, a disaster or perceived disaster, or in anticipation of a large price increase or shortage.

Finance

Pavlov Reform

Monetary reform of 1991 (known also as Pavlov Reform) was the last such reform in the Soviet Union. The reform retired and confiscated large-denomination bills to attempt to dampen inflation and combat the black market within the Soviet Union. It began on January 22, 1991. Its architect was Minister of Finance Valentin Pavlov, who was to become the last prime minister of the Soviet Union

Payments & settlement

Pay at the pump

Pay at the pump is a system used at many filling stations, where customers can pay for their fuel by inserting a credit card, debit card, or fuel card into a slot on the pump, bypassing the requirement to make the transaction with the station attendant or to walk away from one's vehicle. A few areas have gas stations that use electronic tolling transponders as a method of payment, such a

Finance

PFTS index

PFTS index is a benchmark index of PFTS Ukraine Stock Exchange, Ukraine's leading bourse. Beside PFTS Index, there are also the UX Index of the Ukrainian Exchange and the Ukrainian Average Index 50 (UAI-50) being composed by analysts of internet-publisher fundmarket.ua.

Securities & exchanges

PFTS Ukraine Stock Exchange

The Public JSC PFTS Stock Exchange is a leading stock exchange in Ukraine that for a long time (until 2006) legally was considered as a trading system, hence its name the First Stock Trading System (Ukrainian abbr. PFTS).

Trading basics

Political interpretations of The Wonderful Wizard of Oz

Political interpretations of The Wonderful Wizard of Oz include treatments of the modern fairy tale (written by L. Frank Baum and first published in 1900) as an allegory or metaphor for the political, economic, and social events of America in the 1890s. Scholars have examined four quite different versions of Oz: the novel of 1900, the Broadway play of 1902, the Hollywood film of 1939, an

Trading basics

Preferential creditor

A preferential creditor (in some jurisdictions called a preferred creditor) is a creditor receiving a preferential right to payment upon the debtor's bankruptcy under applicable insolvency laws.

Trading basics

Product category volume

In marketing, product category volume (PCV) is the weighted measure of distribution based on store sales within the product category. PCV is a refinement of all commodity volume (ACV). It examines the share of the relevant product category sold by stores in which a given product has gained distribution.

Trading basics

Provisional liquidation

Provisional liquidation is a process which exists as part of the corporate insolvency laws of a number of common law jurisdictions whereby after the lodging of a petition for the winding-up of a company by the court, but before the court hears and determines the petition, the court may appoint a liquidator on a "provisional" basis. (The provisional liquidator is appointed to safeguard t

Trading basics

Receivership

In law, receivership is a situation in which an institution or enterprise is held by a receiver – a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights" – especially in cases where a company cannot meet its financial obligations and is said to be insolvent. The receivership remedy is an equitable remedy that emerg

Trading basics

Remittances to Nepal

Remittances to Nepal are money transfers from Nepalese workers employed outside the country to friends or relatives in Nepal and form part of the wider global remittance transfers by migrant workers back to their home countries. Remittances constitute a substantial economic pillar for Nepal. In 2023, these inward transfers were valued at an estimated US$11 billion, contributing a signifi

Payments & settlement

Russian National Card Payment System

The National Payment Card System (Russian: Национальная система платёжных карт; known its acronym NSPK) is an operational and payment clearing house for processing bank card transactions within Russia and the operator of the Mir card payment system. It is the operational and payment clearing house of the Faster Payment System (FPS) and wholly owned by the Central Bank of Russia (CBR).

Securities & exchanges

Saint Petersburg Stock Exchange

SPB Exchange (Russian: СПБ Биржа, formerly JSC "Saint-Petersburg Exchange") is a stock exchange located in Saint Petersburg, Russia. It is the only other stock exchange in Russia after Moscow Exchange.

Trading basics

Second lien loan

The vast majority of all second lien loans are senior secured obligations of the borrower. Second lien loans differ from both unsecured debt and subordinated debt.

Trading basics

Silver

Silver is a chemical element; it has symbol Ag (from Latin argentum) and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity and reflectivity of any metal. Silver is found in the Earth's crust in the pure, free elemental form ("native silver"), as an alloy with gold (electrum) and other metals, and in minerals

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

Subordination (finance)

Subordination in banking and finance refers to the order of priorities in claims for ownership or interest in various assets.

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

Finance

Taxation in Ethiopia

Ethiopia has a long history of taxing its population. As of 2002, reforms have changed the way the tax system works in the nation; these reforms have aimed to centralize tax authority. Currently the nation's federal government lobbies many different types of taxes on its population; these taxes include income taxes on four main schedules, property taxes, and value added taxes (VAT).

Trading basics

The Cluetrain Manifesto

The Cluetrain Manifesto is a work of business literature collaboratively authored by Rick Levine, Christopher Locke, Doc Searls, and David Weinberger. It was first posted to the web in 1999 as a set of ninety-five theses, and was published as a book in 2000 with the theses extended by seven essays. The work examines the impact of the Internet on marketing, claiming that conventional mark

Finance

The Foreign Exchange Regulation Act, 1947 (Bangladesh)

The Foreign Exchange Regulation Act, 1947 (known as FERA) is a law enacted and was officially published by the government of Pakistan and still applicable in Bangladesh, which was East Pakistan before independence, to regulate certain payments, dealings in foreign exchange and securities, and the import and export of currency and bullion.

Trading basics

The Glass Hotel

The Glass Hotel is a 2020 novel by Canadian writer Emily St. John Mandel. It is Mandel's fifth novel, and the first since winning the Arthur C. Clarke Award with her novel Station Eleven in 2015. It follows the aftermath of a disturbing graffiti incident at a hotel on Vancouver Island and the collapse of an international Ponzi scheme.

Finance

The Two-Income Trap

The Two-Income Trap: Why Middle-Class Mothers and Fathers Are Going Broke is a 2004 popular nonfiction book by Elizabeth Warren and her daughter Amelia Warren Tyagi. The book examines the causes of increasing rates of personal bankruptcy and economic insecurity in American households. It was reissued in 2016.

Trading basics

Trustee in bankruptcy

A trustee in bankruptcy is an entity, often an individual, in charge of administering a bankruptcy estate.

Securities & exchanges

Ukrainian 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 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

Undervalue 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.

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

Finance

Voidable floating charge

In law, a voidable floating charge refers to a floating charge entered into shortly prior to the company going into liquidation which is void or unenforceable in whole or in part under applicable insolvency legislation.

Trading basics

White paper

A white paper is an informative report that explains a complex issue and presents the sponsor's philosophy on the matter. These documents are meant to help readers understand an issue, solve a problem, or make a decision.

Trading basics

Winterland Productions

Winterland Productions was a merchandising and licensing company in the pop culture industry. The company, which sold concert T-shirts, music memorabilia, and eventually, official sports team merchandise, was co-founded by legendary concert promoter Bill Graham, Donald Hunt and music business executive and entrepreneur Dell Furano.