XPayIndustry WIKIBack to home
XPAY KNOWLEDGE

Industry WIKI

Digital assets and currencies

Understand assets, networks and trading mechanics with sources you can check.

Trading basics

2000s Turkish economic boom

The Turkish economic boom of the 2000s (also known as the Turkish economic miracle) was a period of stabilization and growth following the 2001 Turkish economic crisis. Between 2002 and 2007, Turkey's economy experienced an average growth rate of 7.2%, much higher than the average growth rate during the nineties. The Turkish economy saw relative prosperity during the 2008 financial crisi

Trading basics

Administration (British football)

In the United Kingdom, football clubs sometimes choose to enter administration (sanction) when they are unable to pay off outstanding debts. Under the Insolvency Act 1986, a business will face a winding-up order bringing them to court and if it is shown that a business cannot pay debts as they fall due or cannot repay outstanding debts then the company will be classified as insolvent. Ad

Trading basics

Administration and liquidation of the Rangers Football Club plc

Rangers is a professional football club in Scotland founded in 1872. The club entered financial difficulties during the late 2000s, and the club (trading as The Rangers Football Club plc) entered administration in February 2012. It owed substantial amounts to HM Revenue and Customs (HMRC), who subsequently refused to allow Rangers to exit administration via a company voluntary arrangemen

Trading basics

Baltic Tiger

Baltic Tiger is a term used to refer to any of the three Baltic states of Estonia, Latvia, and Lithuania during their periods of economic boom, which started after the year 2000 and continued at least until 2007. The term is modeled on Four Asian Tigers, Tatra Tiger, and Celtic Tiger, which were used to describe the economic boom periods in East Asia, Slovakia, and Ireland, respectively

Banking

Banknotes of Northern Ireland

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

Trading basics

Bill Chisholm (businessman)

William F. Chisholm Jr. is an American businessman. He is the managing partner and chief investment officer for STG Partners, LLC, a private equity firm, and has been the owner of the National Basketball Association (NBA)'s Boston Celtics since 2025. He purchased the Celtics for a record $6.1 billion.

Trading basics

Blacksmith token

Blacksmith tokens are a form of evasion currency that was in circulation primarily in Lower Canada and Upper Canada along with neighboring areas, such as the northern parts of New York and New England in the mid-1820 to 1830s. They were not, strictly speaking counterfeits, but instead skirted around the laws of the time by being similar to officially circulating coinage, but bearing diff

Trading basics

Capitalism

Capitalism is an economic system based on the private ownership of the means of production and its use for the purpose of obtaining profit. This socioeconomic system has developed historically in several stages and is defined by a number of constituent elements: private property, profit motive, capital accumulation, competitive markets, commodification, wage labor, and an emphasis on inn

Trading basics

Celtic currency of Britain

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

Trading basics

Celtic Tiger

The "Celtic Tiger" (Irish: An Tíogar Ceilteach) is a term referring to the economy of Ireland from the mid-1990s to the end of the first decade of the 21st century, a period of rapid real economic growth fuelled by foreign direct investment. The boom was dampened by a subsequent property bubble in 2007 which brought forth a severe economic downturn culminating in 2008's Great Recession.

Trading basics

Cute hoor

Cute hoor and, by extension, "cute hoorism", is a cultural concept in Ireland where a certain level of corruption is forgiven – or sometimes even applauded – of politicians or businessmen. This phenomenon is sometimes attributed to postcolonialism and emigration in Ireland, but also to how historically passive income and patronage were favoured, in culture and in public policy, over entr

Trading basics

Dark Age of Camelot

Dark Age of Camelot is a massively multiplayer online role-playing game released in October 2001 in North America, and in January 2002 in Europe. The game combines Arthurian lore, Norse mythology, and Celtic mythology with high fantasy. It is set in the period after King Arthur's death, when his kingdom has split into three realms, which are in a constant state of war with each other. Da

Trading basics

David Bonderman

David Bonderman (November 27, 1942 – December 11, 2024) was an American billionaire businessman. He was the founding partner of TPG Inc. (formerly Texas Pacific Group), and its Asian affiliate, Newbridge Capital. He was also one of the minority owners of the NBA's Boston Celtics as well as the co-founder and co-majority owner (along with Jerry Bruckheimer) of the Seattle Kraken of the Na

Trading basics

Dutch Golden Age

The Dutch Golden Age (Dutch: Gouden Eeuw [ˈɣʌudən ˈeːu, ˈɣʌudə ˈʔeːu]) was a period in the history of the Netherlands which roughly lasted from 1588, when the Dutch Republic was established, to 1672, when the Rampjaar occurred.

Trading basics

Foreign direct investment

Foreign direct investment (FDI) is an ownership stake in a company, made by a foreign investor, company, or government from another country. More specifically, it describes a controlling ownership of an asset in one country by an entity based in another country. The magnitude and extent of control, therefore, distinguishes it from a foreign portfolio investment or foreign indirect invest

Trading basics

Glenn Hutchins

Glenn Hogan Hutchins (born 1955) is an American businessman and investor. He is a private equity investor focused on the technology sector, chairman and co-founder of North Island, and co-founder of Silver Lake Partners.

Trading basics

H. Irving Grousbeck

Harold Irving "Irv" Grousbeck (born July 20, 1934) is an American entrepreneur, professor at Stanford Business School, and co-owner of the National Basketball Association basketball franchise the Boston Celtics.

Trading basics

History of coins

The history of coins stretches back to the first millennium BC/BCE. Notable early examples of coins include the Lydian lion coins, Persian daric and siglos, Tong Bei, the dirham and gold dinar.

Trading basics

Inclusive capitalism

Inclusive capitalism, or stakeholder capitalism, is a theoretical concept and policy movement that seeks to address the growing income inequality and wealth inequality within Western capitalism following the 2008 financial crisis.

Trading basics

Italian economic miracle

The Italian economic miracle (Italian: miracolo economico italiano), or the Italian economic boom (Italian: boom economico italiano), is the term used by historians, economists, and the mass media, first attributed by the Daily Mail in a correspondence from Rome on 25 May 1959, to designate the prolonged period of strong economic growth in Italy after World War II to the late 1960s, and

Trading basics

Japanese economic miracle

The Japanese economic miracle (Japanese: 高度経済成長, romanized: Kōdo keizai seichō) refers to a period of economic growth in post–World War II Japan. It generally refers to the period from 1955, around which time the per capita gross national income of the country recovered to pre-war levels, and to the onset of the 1973 oil crisis.

Trading basics

Jon Hammes

Jon D. Hammes is the founder and managing partner of Hammes Company. He was formerly managing partner of Milwaukee's Trammel Crow real estate company.

Securities & exchanges

Luxembourg Stock Exchange

The Luxembourg Stock Exchange (LuxSE; French: Bourse de Luxembourg) is based in Luxembourg City at 35A boulevard Joseph II.

Trading basics

Massachusetts Miracle

The Massachusetts Miracle was a period of economic growth in Massachusetts during most of the 1980s. Before then, the state had been hit hard by deindustrialization and resulting unemployment. During the Miracle, the unemployment rate fell from more than 12% in 1975 to less than 3%, which was accompanied by tax reductions and a drastic increase in personal income.

Trading basics

Mexican miracle

The Mexican miracle (Spanish: Milagro mexicano) is a term used to refer to the country's inward-looking development strategy that produced sustained economic growth. It is considered to be a golden age in Mexico's economy in which the Mexican economy grew 6.8% each year. It was a stabilizing economic plan which caused an average growth of 6.8% and industrial production to increase by 8%

Trading basics

Miracle on the Han River

The Miracle on the Han River (Korean: 한강의 기적) was the period of rapid economic growth in South Korea following the Korean War (1950–1953), during which South Korea transformed from an underdeveloped country into a highly developed country.

Trading basics

Spanish miracle

The Spanish economic miracle (Spanish: milagro económico español) refers to a period of exceptionally rapid development and growth across all major areas of economic activity in Spain during the latter part of the Francoist regime, 1959 to 1974, in which GDP averaged a 6.5 percent growth rate per year, and was itself part of a much longer period of an above average GDP growth rate from 1

Trading basics

Stater

The stater (; Ancient Greek: στατήρ, pronounced [statɛ̌ːr], romanized: statḗr, lit. 'weight') was an ancient coin used in various regions of Greece. The term is also used for similar coins, imitating Greek staters, minted elsewhere in ancient Europe.

Trading basics

Stephen Pagliuca

Stephen Gerard Pagliuca (born January 16, 1955) is an American private equity investor, co-chairman of Bain Capital, and owner of Atalanta of Italian Serie A association football league. He is also former co-owner of the Boston Celtics of the National Basketball Association (NBA).

Trading basics

Taiwan Miracle

The Taiwan Miracle (Chinese: 臺灣奇蹟; Tongyong Pinyin: Táiwān Cíjī; Tâi-lô: Tâi-uân Kî-Tsik) or Taiwan Economic Miracle refers to Taiwan's rapid economic development to a developed, high-income country during the latter half of the twentieth century.

Fiat currencies

Tally stick

A tally stick (or simply a tally) was an ancient memory aid used to record and document numbers, quantities, and messages. Tally sticks first appear as animal bones carved with notches during the Upper Palaeolithic; a notable example is the Ishango Bone. Historical reference is made by Pliny the Elder (AD 23–79) about the best wood to use for tallies, and by Marco Polo (1254–1324) who me

Trading basics

Tatra Tiger

"Tatra Tiger" is a nickname that refers to the economy of Slovakia in period 2002 – 2007, following the ascendance of a right-leaning coalition in September 2002 which engaged in a program of liberal economic reforms. The name "Tatra Tiger" derives from the local Tatra mountain range.

Finance

Taxation in the Republic of Ireland

Taxation in Ireland in 2017 came from personal income taxes (40% of Exchequer Tax Revenues, or ETR), and consumption taxes, being VAT (27% of ETR) and excise and customs duties (12% of ETR). Corporation taxes (16% of ETR) represents most of the balance (to 95% of ETR), but Ireland's Corporate Tax System (CT) is a central part of Ireland's economic model. Ireland summarises its taxation

Trading basics

Tiger economy

A tiger economy is the economy of a country which undergoes rapid economic growth, usually accompanied by an increase in the standard of living. The term was originally used for the Four Asian Tigers (South Korea, Taiwan, Hong Kong, and Singapore) as tigers are important in Asian symbolism, which also inspired the Tiger Cub Economies (Indonesia, Malaysia, Thailand, Vietnam and the Philip

Trading basics

Tom Gores

Tom Gores (born Tewfiq Georgious, Arabic: توفيق جورجيوس; Greek: Τεουφίκ Γεωργίου; Hebrew: תאופיק ג'ורג'יוס; July 31, 1964) is an American-Israeli billionaire businessman. He is the founder of Platinum Equity, a private equity firm headquartered in Beverly Hills, California. In June 2011, Gores and Platinum Equity became the owners of the National Basketball Association's Detroit Pistons.

Trading basics

Tony Ressler

Antony P. Ressler (born October 12, 1960) is an American businessman. He co-founded the private equity firms Apollo Global Management in 1990, and Ares Management in 1997. Ressler is also owner of the Atlanta Hawks basketball team, acquiring them in 2015. He is married to actress Jami Gertz. His net worth was estimated at $10.5 billion in 2026.

Finance

Toronto-Dominion Bank

Toronto-Dominion Bank (French: Banque Toronto-Dominion), doing business as TD Bank Group (Groupe Banque TD), and commonly known as just TD, is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. The bank was created on February 1, 1955, through the merger of the Bank of Toronto and the Dominion Bank, which were founded in 1855 and 1869,

Trading basics

Touch piece

A touch piece is a coin or medal believed to cure disease, bring good luck, influence people's behaviour, carry out a specific practical action, etc.

Trading basics

Wirtschaftswunder

The Wirtschaftswunder (German: [ˈvɪʁt.ʃaftsˌvʊndɐ] , lit. 'economic miracle'), also known as the Miracle on the Rhine, was the rapid reconstruction and development of the economies of West Germany and Austria after World War II. The expression was first used to refer to this phenomenon by The Times in 1950.