Industry WIKI

Financial institutions in Australia are only permitted to accept deposits from the public if they are authorised deposit-taking institutions (ADIs). The ADI’s authority is granted by the Australian Prudential Regulation Authority (APRA) under the Banking Act 1959 (Cth).

Bandits is a 2001 American crime comedy-drama film directed by Barry Levinson and written by Harley Peyton. It stars Bruce Willis, Billy Bob Thornton and Cate Blanchett. The film was released in theaters by MGM Distribution Co. on October 12, 2001. It received mixed reviews from critics and Thornton and Blanchett's performances received critical praise. Thornton and Blanchett were nomina

Banknotes have been issued for use specifically in Northern Ireland since 1929, and are denominated in pounds sterling. They are legal currencies, but not legal tender anywhere in the United Kingdom. However, the banknotes are still widely accepted as currency by larger merchants and institutions elsewhere in the United Kingdom. Issuing banks have been granted legal rights to issue curre

The Celtic currency of Britain were the various items and coins used as currency between approximately 200 BC and AD 60. The earliest currency consisted of various forms of iron bars. Coins were first imported in large numbers in around 150 BC and domestic minting began around 100BC. Coin production was largely ended by the Roman conquest of Britain, first by the Claudian invasion of AD

A cheque (or check in American English) is a document that orders a bank, building society, or credit union, to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, known as the drawer, has a transaction banking account (often called a current, cheque, chequing, checking, or share draft account) wher

Christopher Charles Skase (18 September 1948 – 5 August 2001) was an Australian businessman who later became one of his country's most wanted fugitives, after his business empire crashed spectacularly and he fled to Mallorca, Spain.

In corporate finance, Contingent Value Rights (CVR) are rights granted by an acquirer to a company’s shareholders, facilitating the transaction where some uncertainty is inherent. CVRs may be separately tradeable securities; they are occasionally acquired (or shorted) by specialized hedge funds.

During the First Intifada, from 1987 to 1991, Palestinians established a number of cooperatives with the goal of increasing the autonomy of the Palestinian economy.

In competition law, cornering the market consists of obtaining sufficient control of a particular stock, commodity, human capital or other asset in an attempt to reduce competition.

Credible is a financial technology company headquartered in San Francisco and incorporated under the name Credible Labs Inc. The company also does business through its subsidiary Credible Operations, Inc. Its online marketplace offers consumers the ability to compare and refinance loans, mortgages, and other financial products from lenders. Credible became a subsidiary of Fox Corporation

Drapier's Letters is the collective name for a series of seven political pamphlets written between 1724 and 1725 by the Dean of St Patrick's Cathedral in Dublin, Jonathan Swift, to arouse public opinion in Ireland against the imposition of a privately minted copper coinage that Swift believed to be of inferior quality. William Wood was granted letters patent to mint the coin, and Swift s

Dumping, in economics, is a form of predatory pricing, especially in the context of international trade. It occurs when manufacturers export a product to another country at a price below the normal price with an injuring effect. The objective of dumping is to increase market share in a foreign market by driving out competition and thereby create a monopoly situation where the exporter wi

Ecobank Uganda is a bank in Uganda that operates as a commercial bank under a license granted by the Bank of Uganda, the central bank and national banking regulator.

Email spam, also referred to as junk email, spam mail, or simply spam, refers to unsolicited messages sent in bulk via email. The term originates from a Monty Python sketch, where the name of a canned meat product, "Spam", is used repetitively, mirroring the intrusive nature of unwanted emails. Since the early 1990s, spam has grown significantly, with estimates suggesting that by 2014, i

"Embrace, extend, and extinguish" (EEE), also known as "embrace, extend, and exterminate", is a phrase that the U.S. Department of Justice found to have been used internally by Microsoft to describe its strategy for entering product categories involving widely used open standards, extending those standards with proprietary capabilities, and using the differences to strongly disadvantage

A fat-finger error is a keyboard input error or mouse misclick that occurs from a simple input mistake, causing unwanted secondary behavior. In common parlance, it simply refers to a common typographical error made on a touchscreen or physical keyboard that occurs when the wrong selection is made, or multiple selections are made due to options or keyboard keys being too close together.

Incentive stock options (ISOs), are a type of employee stock option that can be granted only to employees and confer a U.S. tax benefit. ISOs are also sometimes referred to as statutory stock options by the IRS. ISOs have a strike price, which is the price a holder must pay to purchase one share of the stock. ISOs may be issued both by public companies and private companies, with ISOs be

Inside Man: Most Wanted is a 2019 American crime thriller film directed by M. J. Bassett and starring Aml Ameen, Rhea Seehorn, and Roxanne McKee. A sequel to the 2006 film Inside Man, it was released direct-to-video in the United States on September 24, 2019. It was also released onto Netflix and other pay-on-demand digital platforms.

John Law's Company, founded in 1717 by Scottish economist and financier John Law, was a joint-stock company that occupies a unique place in French and European monetary history, as it was for a brief moment granted the entire revenue-raising capacity of the French state. It also absorbed all previous French chartered colonial companies and was popularly known as the Compagnie du Mississi

A land development bank , abbreviated LDB, is a special kind of development bank in India. It is a quasi-commercial type that provides services such as accepting deposits, making business loans, and offering basic investment products. The main objective of the LDB is to promote the development of land, agriculture and increase the agricultural production. The LDB provides long-term fina

The Lerner index, formalized in 1934 by British economist of Russian origin Abba Lerner, is a measure of a firm's market power.

A limit price (or limit pricing) is a price, or pricing strategy, where products are sold by a supplier at a price low enough to make it unprofitable for other players to enter the market.

Marc Rich (born Marcell David Reich; December 18, 1934 – June 26, 2013) was a Belgian-American commodities trader, financier, and businessman. He founded the commodities company Glencore and was later indicted in the United States on federal charges of tax evasion, wire fraud, racketeering, and selling Iranian oil to Israel during the Iran hostage crisis. He fled to Switzerland at the ti

Monopoly profit is an inflated level of profit due to the monopolistic practices of an enterprise.

OneCoin is a fraudulent cryptocurrency scheme conducted by offshore companies OneCoin Ltd (based in Bulgaria and registered in UAE) and OneLife Network Ltd (registered in Belize), both founded by Ruja Ignatova in concert with Sebastian Greenwood. OneCoin is considered a Ponzi scheme due to its organisational structure of paying early investors using money obtained from newer ones. It was

In finance, options backdating is the practice of altering the date a stock option was granted, to a usually earlier date (i.e backdating), but sometimes later date (i.e. forward dating), at which the underlying stock price was lower. This is a way of repricing options to make them more valuable when the option "strike price" (the fixed price at which the owner of the option can purchase

There are various types of Pensions in Armenia, including social pensions (granted to all individuals who reach the age of 63, both for laborers and not), mandatory funded pensions (a return on investment from mandatory funded pensions), or voluntary funded pensions (payments of supplementary pension collected over the years from income as well as insurance fees). Currently, Amundi-ACBA

In banking, a post-dated cheque is a cheque written by the drawer (payer) for a date in the future.

Profit margin is a financial ratio that measures the percentage of profit earned by a company in relation to its revenue. Expressed as a percentage, it indicates how much profit the company makes for every dollar of revenue generated. Profit margin is important because this percentage provides a comprehensive picture of the operating efficiency of a business or an industry. All margin ch

Resale price maintenance (RPM) or, occasionally, retail price maintenance is the practice whereby a manufacturer and its distributors agree that the distributors will sell the manufacturer's product at certain prices (resale price maintenance), at or above a price floor (minimum resale price maintenance) or at or below a price ceiling (maximum resale price maintenance). If a reseller re

SEC Rule 10b-5, codified at 17 CFR 240.10b-5, is one of the most important rules targeting securities fraud in the United States. It was promulgated by the U.S. Securities and Exchange Commission (SEC), pursuant to its authority granted under § 10(b) of the Securities Exchange Act of 1934. The rule prohibits any act or omission resulting in fraud or deceit in connection with the purchase

The South Sea Company was a British joint-stock company founded in January 1711, created as a public-private partnership to consolidate and reduce the cost of the national debt. To generate income, in 1713 the company was granted a monopoly (the Asiento de Negros) to supply enslaved Africans to the islands in the "South Seas" and South America. When the company was created, Britain was i

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

The Great St. Louis Bank Robbery (also called The St. Louis Bank Robbery, the film title in the opening credits) is a 1959 American heist film directed by Charles Guggenheim and starring Steve McQueen as a college dropout hired to be the getaway driver in a bank robbery.

Trondheim Toll Scheme or Trondheim Package (Norwegian: Trondheimspakken) was the result of that in the 1980s politicians and road authorities in Trondheim Municipality, Norway wanted to accelerate the investments in roads and motorways around the city through an investment package and toll scheme to ease construction and generate more funds. Between 1991 and 2005, there were more than 24

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