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$Trump
$Trump (stylized in all caps) is a meme coin cryptocurrency associated with United States president Donald Trump, hosted on the Solana blockchain. One billion coins were created; 800 million remain owned by two Trump-owned companies, after 200 million were publicly released in an initial coin offering (ICO) on January 17, 2025. Less than a day later, the aggregate market value of all coi
Banking1919–1922 Philippine financial crisis
The 1919–1922 Philippine financial crisis, also referred to as the Philippine Currency and Exchange Crisis of 1919–1922, resulted as a consequence of an economic crisis which began in 1919 along with the mismanagement of the Philippine National Bank. Due to the Wood-Forbes Mission in 1921, there were questions among Filipino politicians on who should take responsibility.
Banking1988–1992 Norwegian banking crisis
The 1988–1992 Norwegian banking crisis was the largest financial crisis that occurred in Europe since the end of World War II within Norway. The crisis emerged from a backdrop of financial deregulation, which unleashed a wave of perilous credit operations and a subsequent lending frenzy. The elimination of lending rate constraints led Norwegian banks to partake in high-risk activities, r
Banking1990–1994 Swedish financial crisis
The 1990–1994 Swedish financial crisis took place in Sweden when the deflation of a housing bubble caused a severe credit crunch and bank crisis and a deep recession. Similar crises took place in countries around the same time, such as in Finland and the Savings and Loans crisis in the United States. The causes of the crisis were similar to those of the subprime mortgage crisis of 2007–
Banking1990s Finnish banking crisis
The 1990s Finnish banking crisis was a deep systemic crisis of the entire Finnish financial sector that took place mainly in the years 1991–1993, after several years of debt-based economic boom in the late 1980s. Its total taxpayer cost was roughly 8% of the Finnish GNP, making it the most severe of the contemporary Nordic banking crises. The crisis has been attributed to a combination o
Trading basics1991 Indian economic crisis
The 1991 Indian economic crisis was a balance-of-payments crisis in which India's foreign-exchange reserves fell to a level barely sufficient to pay three weeks of imports. It followed a decade of large fiscal deficits and rising external borrowing and came to a head in 1990-91 because of rising oil prices during the Gulf War, political instability that prevented the government from pass
Trading basics1994 bond market crisis
The 1994 bond market crisis, or Great Bond Massacre, was a sudden drop in bond market prices across the developed world. It began in Japan and the United States (US), and spread through the rest of the world. After the recession of the early 1990s, historically low interest rates in many industrialized nations preceded an unexpectedly volatile year for bond investors, including those tha
Finance1997 Asian financial crisis
A financial crisis gripped much of East and Southeast Asia during the late 1990s. It began in Thailand in July 1997 before spreading to several other countries with a ripple effect, raising fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1999 was rapid, and worries of a meltdown quickly subsided.
Trading basics1998 Russian financial crisis
The Russian financial crisis (also called the ruble crisis or the Russian flu) began in Russia on 17 August 1998. It resulted in the Russian government and the Russian Central Bank devaluing the ruble and defaulting on its debt. The crisis had severe impacts on the economies of many neighboring countries.
Finance1998 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 basics1998–1999 Ecuador economic crisis
The 1998–99 Ecuador economic crisis was a period of economic instability that resulted from a combined inflationary-currency crisis, financial crisis, fiscal crisis, and sovereign debt crisis. Severe inflation and devaluation of the sucre led to President Jamil Mahuad announcing on January 9, 2000, that the U.S. dollar would be adopted as the national currency. Poor economic conditions a
Finance20,000 Colombian peso note
The 20,000 Colombian peso note ($20,000) is one of the notes in circulation in Colombia. It is about 143 × 66 millimeters and the predominant color is orange. The front features former Colombian president Alfonso López Michelsen and a sugar apple, while the reverse shows a sombrero vueltiao and the canals of La Mojana. The first series of 20,000 peso notes was issued from 1996 to 2016. T
Banking2002 Uruguay banking crisis
The 2002 Uruguay banking crisis was a major banking crisis that hit Uruguay in July 2002. The crisis unfolded after years of heavy dollarization since the 1950s when chronic inflation and weak confidence in the peso led Uruguayans to prefer U.S. dollars. This left the economy highly exposed to external shocks. The crisis was caused by a considerable contraction in Uruguay's economy and b
Banking2003 Myanmar banking crisis
The 2003 banking crisis of Myanmar was a major bank run in private banking that hit Myanmar (Burma) in February 2003. It started with a decline in the trust for private financial institutions following the collapse of small financial enterprises and proliferating rumors about the liquidity of major private banks. Leading to a bank run on the Asia Wealth Bank, the crisis quickly spread to
Finance2011 Bangladesh share market scam
The 2010-11 Bangladesh share market scam was a period of instability in the stock market from 2009 to 2011; the turmoil occurred in both stock exchanges of Bangladesh, Dhaka Stock Exchange and Chittagong Stock Exchange. The market rose 62% in 2009, and 83% in 2010, but then declined 10% in January 2011, and a further 30% in February 2011. The crash is deemed to be a scam and exacerbated
Trading basics2023 United States banking crisis
The 2023 United States banking crisis was a series of bank failures and bankruptcies that took place in early 2023, with the United States federal government ultimately intervening in several ways. Over the course of five days in March 2023, three small-to-mid size U.S. banks failed, triggering a sharp decline in global bank stock prices and swift response by regulators to prevent poten
Assets2024 WazirX hack
On 18 July, 2024, WazirX, an Indian cryptocurrency exchange, reported a cyberattack in which approximately US$234.9 million (around ₹2,000 crore) in digital assets were stolen from a multi-signature wallet used under a third-party custody arrangement with Liminal Custody. Global analysis later linked the attack to the Lazarus Group, a North Korea–associated threat actor targeting crypto
Trading basics5-6 moneylending
Bombay 5-6, also known as simply 5-6 (pronounced "five six"), is an informal financial platform in the Philippines. Lenders do not require collateral, including documents, to potential borrowers.
FinanceAccounting liquidity
In accounting, liquidity (or accounting liquidity) is a measure of the ability of a debtor to pay their debts as and when they fall due. It is usually expressed as a ratio or a percentage of current liabilities. Liquidity is the ability to pay short-term obligations.
Trading basicsAccounting period
An accounting period, in bookkeeping, is the period with reference to which management accounts and financial statements are prepared.
Fiat currenciesAlexander del Mar
Alexander del Mar (aka Alexander Del Mar and Alexander Delmar; August 9, 1836 – July 1, 1926) was an American political economist, historian, numismatist and author. He was the first Director of the Bureau of Statistics at the U.S. Treasury Department from 1866 to 1869.
FinanceAlternative financial service
An alternative financial service (AFS) is a financial service provided outside traditional banking institutions, on which many low-income individuals depend. In developing countries, these services often take the form of microfinance. In developed countries, the services may be similar to those provided by banks and include payday loans, rent-to-own agreements, pawnshops, refund anticipa
FinanceAlternative Investment Market
AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market (USM) that had been in operation since 1980. It allows companies that are smaller, less-developed, or want/need a more flexible approach to governance to float shares with a more flexible regulatory sys
Payments & settlementAltyn Asyr (payment system)
Altyn Asyr (lit. 'Golden age') is a Turkmenistani domestic card scheme founded in 2001 by the Central Bank of Turkmenistan. The Altyn Asyr system is an integral part of Turkmenistan's payment infrastructure. Altyn Asyr offers financial services, including credit card, debit card, and prepaid card issuing and network processing.
BankingAmsterdam banking crisis of 1763
The Amsterdam banking crisis of 1763 in the Netherlands followed the end of the Seven Years' War. At this time prices of grain and other commodities were falling sharply, and the supply of credit dried up due to the decreased value of collateral goods. Many of the banks based in Amsterdam were over-leveraged and were interlinked by complex financial instruments, making them vulnerable to
NetworksAnimoca Brands
Animoca Brands Corporation Ltd. is a Hong Kong–based game software company and venture capital company co-founded in 2014 by Yat Siu and David Kim. The company initially focused on developing mobile games, then shifted to blockchain gaming and NFTs in 2018, and to AI in 2025.
FinanceAnti–money laundering
Anti–money laundering (AML) refers to a set of laws, regulations and institutional practices designed to help financial institutions and other regulated entities prevent, detect, and report money laundering and related financial crime. (Anti–money laundering is sometimes paired with combating the financing of terrorism, using the initialism AML/CFT.) In addition to regulatory and supervi
FinanceArgentine debt restructuring
The Argentine debt restructuring is a process of debt restructuring by Argentina that began on January 14, 2005, and allowed it to resume payment on 76% of the US$82 billion in sovereign bonds that defaulted in 2001 at the depth of the worst economic crisis in the nation's history. A second debt restructuring in 2010 brought the percentage of bonds under some form of repayment to 93%, t
Trading basicsArtificial intelligence in insurance
Artificial intelligence in insurance is the use of machine learning and other artificial intelligence (AI) techniques by insurance companies and intermediaries, for tasks such as underwriting, pricing, claims handling, fraud detection and customer service. Insurers have used statistical models to classify and price risks for decades, and actuaries adopted generalized linear models in the
FinanceAsset Recovery Interagency Network Asia Pacific
Asset Recovery Interagency Network - Asia Pacific (ARIN-AP) is an informal network of experts and practitioners in the field of asset tracing, freezing and confiscation which intends to serve as a cooperative group in all aspects of tackling the proceeds of crime in the Asia-Pacific region.
BankingAsset-based lending
Asset-based lending is any kind of lending secured by an asset. This means, if the loan is not repaid, the asset is taken. In this sense, a mortgage is an example of an asset-based loan. More commonly however, the phrase is used to describe lending to business and large corporations using assets not normally used in other loans. Typically, the different types of asset-based loans include
FinanceAssociation 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.
FinanceAudit Scotland
Audit Scotland (Scottish Gaelic: Buidheann-sgrùdaidh na h-Alba) is an independent public body responsible for auditing most of Scotland's public organisations.
BankingAustralian banking crisis of 1893
The 1893 banking crisis in the Australian colonies involved the collapse of a considerable number of commercial banks and building societies, and a general economic depression. It occurred at the same time as the US Panic of 1893 (1893–1897).
Trading basicsAustralian Prudential Regulation Authority
The Australian Prudential Regulation Authority (APRA) is a statutory authority of the Australian Government and the prudential regulator of the Australian financial services industry. APRA was established on 1 July 1998 in response to the recommendations of the Wallis Inquiry. APRA's authority and scope is determined pursuant to the Australian Prudential Regulation Authority Act, 1998 (C
Securities & exchangesAustralian Securities and Investments Commission
The Australian Securities and Investments Commission (ASIC) is an independent commission of the Australian Government tasked as the national corporate regulator. ASIC's role is to regulate company and financial services and enforce laws to protect Australian consumers, investors and creditors. ASIC, which reports to the treasurer, was established on 1 July 1998 following recommendations
AssetsAxie Infinity
Axie Infinity is a blockchain game developed by Vietnamese studio Sky Mavis in 2018, known for its in-game economy which uses Ethereum-based cryptocurrencies. It has been called "a pyramid scheme that relies on cheap labor from countries like the Philippines to fuel its growth."
FinanceBangladesh Krishi Bank
Bangladesh Krishi Bank (Bengali: বাংলাদেশ কৃষি ব্যাংক) is a fully government owned bank in Bangladesh founded in 1973. The primary purpose of the bank is to provide services to farmers and agricultural industry. Rajshahi Krishi Unnayan Bank is the other state owned agriculture bank in Bangladesh.
FinanceBank for International Settlements
The Bank for International Settlements (BIS) is an international financial institution which is owned by members' central banks. Its primary goal is to foster international monetary and financial cooperation while serving as a bank for central banks. With its establishment in 1930 it is the oldest international financial institution. Its initial purpose was to oversee the settlement of W
BankingBank run
A bank run or run on the bank occurs when many clients withdraw their money from a bank, because they believe the bank may fail in the near future. It may occur when, in a fractional-reserve banking system (where banks normally only keep a small proportion of their assets as cash), a large volume of customers seek to withdraw a greater amount of cash from deposit accounts with a financia
BankingBank transaction tax
A bank transaction tax is a tax levied on debit (and/or credit) entries on bank accounts. In 1989, at the Buenos Aires meetings of the International Institute of Public Finance, University of Wisconsin–Madison Professor of Economics Edgar L. Feige proposed extending the tax reform ideas of John Maynard Keynes, James Tobin and Lawrence Summers, to their logical conclusion, namely to tax a
BankingBanking in Bhutan
Banking in Bhutan, a small country in East Asia, is an industry that has grown slowly as the country has pursued modernization. The country has a vibrant informal culture of finance which only weakly integrates formal financial services.
BankingBanking in Kyrgyzstan
In mid-1995, the banking system in Kyrgyzstan continued to be dominated by the central savings bank (the National Bank of Kyrgyzstan, created in 1991) and by the three major commercial banks that succeeded the sectoral banks of the Soviet era and remained under state control. Those banks, the Agricultural and Industrial Bank (Agroprombank), the Industrial and Construction Bank (Promstroy
BankingBanking in Vietnam
Banking in Vietnam started in 1976 with the State Bank Vietnam, which became the central bank of the country. Vietnam's banks suffer from low public confidence, regulatory and managerial weakness, high levels of non-performing loans (NPL), non-compliance with the Basel capital standards, and the absence of international auditing. Foreign investment limit into national banks of Vietnam is
BankingBanking lobby
The banking lobby refers to the representatives from various firms and organizations seeking favorable terms from governments for big banks and other financial service companies through lobbying and advocacy groups.
BankingBaring crisis
The Baring crisis or the Panic of 1890 was an acute recession in the United States. Although less serious than other panics of the era, it is the 19th century’s most famous sovereign debt crisis, and the 17th largest decline in U.S. stock market history.
Fiat currenciesBarry Eichengreen
Barry Julian Eichengreen (born 1952) is an American economist and economic historian who is the George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California, Berkeley, where he has taught since 1987. Eichengreen is a research associate at the National Bureau of Economic Research and a research fellow at the Centre for Economic Policy R
Trading basicsBelize dollar
The Belize dollar (also known as the Belizean dollar), known until 1973 as the British Honduras dollar, is the official currency in Belize (currency code BZD). It is normally abbreviated with the dollar sign $, or alternatively BZ$ to distinguish it from other dollar-denominated currencies.
BankingBetter Than Cash Alliance
The Better Than Cash Alliance is a global partnership of 80 governments, companies, and International Organizations that accelerates the transition from cash to responsible digital payments to help achieve the Sustainable Development Goals (SDGs).
Trading basicsBitcoin City
Bitcoin City is a planned smart city project in La Unión, El Salvador. The planned city is intended to be a tax haven, and to use geothermal energy to power Bitcoin mining. The feasibility of its reliance on both geothermal energy and Bitcoin have been the subject of criticism, alongside concerns regarding delays in the project's financing and construction.
AssetsBitFlyer
bitFlyer is a Japanese cryptocurrency exchange headquartered in Tokyo. It was founded in 2014 and is one of the largest cryptocurrency exchanges in Japan.
Trading basicsBlack budget
A black budget or covert appropriation is a government budget that is allocated for classified or other secret operations of a state. The black budget is an account of expenses and spending related to military research and covert operations. The black budget is mostly classified because of security reasons.
NetworksBlockchain analysis
Blockchain analysis is the process of inspecting, identifying, clustering, modeling and visually representing data on a cryptographic distributed ledger known as a blockchain. The goal of blockchain analysis is to discover useful information about different actors transacting in cryptocurrency. Analysis of public blockchains such as Bitcoin and Ethereum is typically conducted by private
NetworksBlockchain privacy
Blockchain privacy describes how blockchain systems handle the confidentiality of transaction and record data. Many public blockchains can provide pseudonymity, while ledger transparency can allow transaction tracing through analysis of on-chain activity and related information. The persistence of ledger data can also create data-protection challenges in some applications, including ques
Trading basicsBlue Dot Network
The Blue Dot Network (BDN) is a multilateral organisation that promotes a certification framework for quality infrastructure projects. The initiative is a joint project of the governments of Australia, the Czech Republic, Japan, Spain, Switzerland, United Kingdom, and the United States that supports investment in high-quality infrastructure projects around the world, especially by the pr
AssetsBNB and BNB Chain
BNB is the native asset used by the BNB Chain ecosystem. This article covers its positioning, mechanisms, verification guidelines, and common misconceptions.
Trading basicsBond credit rating
In investment, the bond credit rating represents the creditworthiness of corporate or government bonds. The ratings are published by credit rating agencies and used by investment professionals to assess the likelihood the debt will be repaid.
FinanceBritish Business Bank
British Business Bank plc is the United Kingdom government’s economic development bank. It supports smaller businesses’ access to debt and equity finance by working through accredited lenders and fund managers rather than lending directly to most firms. It is wholly owned by HM Government and is headquartered in Sheffield, England.
Trading basicsBrushing (e-commerce)
In e-commerce, brushing, also called "review brushing", is a deceitful technique sometimes used to boost a seller's ratings by creating fake orders, which are either shipped to an accomplice or to an unsuspecting member of the public.
Trading basicsBudget
A budget is a calculation plan, usually but not always financial, for a defined period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmental impacts such as greenhouse gas emissions, other impacts, assets, liabilities and cash flows. Companies, governments, families, and other organiz
FinanceBuild–operate–transfer
Build–operate–transfer (BOT) or build–own–operate–transfer (BOOT) is a form of project delivery method, usually for large-scale infrastructure projects, wherein a private entity receives a concession from the public sector (or the private sector on rare occasions) to finance, design, construct, own, and operate a facility stated in the concession contract. The private entity will have th
Payments & settlementBuy now, pay later
Buy now, pay later (BNPL) is a type of short-term debt financing that allows consumers to make purchases while only initially paying for a portion of their value, postponing payment of the remainder of the debt until a future date, or dividing it into a series of installment payments. BNPL is generally structured like a hire purchase or installment plan money lending process that involve
FinanceCalifornia Municipal Treasurers Association
California Municipal Treasurers Association (CMTA) is the professional society of active public treasurers of California counties, cities, and special districts. It sets ethical standards for the treasury profession in state and local government in California.
BankingCall report
All regulated financial institutions in the United States are required to file periodic financial and other information with their respective regulators and other parties. For banks in the U.S., one of the key reports required to be filed is the quarterly Consolidated Report of Condition and Income, generally referred to as the call report or RC report. Specifically, every National Bank
Trading basicsCAMELS rating system
The CAMELS rating is a supervisory rating system originally developed in the U.S. to classify a bank's overall condition. It is applied to every bank and credit union in the U.S. and is also implemented outside the U.S. by various banking supervisory regulators.
FinanceCanada Savings Bond
The Canada Savings Bond (French: Obligations d’épargne du Canada) was an investment instrument offered by the Government of Canada from 1945 to 2017, sold between early October and December 1 of every year. It was issued by the Bank of Canada and was intended to offer a competitive interest rate, and had a guaranteed minimum interest rate.
Securities & exchangesCanadian Securities Administrators
The Canadian Securities Administrators (CSA; French: Autorités canadiennes en valeurs mobilières, ACVM) is an umbrella organization of Canada's provincial and territorial securities regulators whose objective is to improve, coordinate, and harmonize regulation of the Canadian capital markets.
Securities & exchangesCanadian securities regulation
Canadian securities regulation is managed through the laws and agencies established by Canada's 10 provincial and 3 territorial governments. Each province and territory has a securities commission or equivalent authority with its own provincial or territorial legislation.
Trading basicsCapital market imperfections
Credit market imperfections (known academically as capital market imperfections) are limitations that reduce the range of financial contracts that can be signed or honored. There are three main theoretical drivers of imperfection: First, lenders do not have full information about the borrower, whether they have the capacity to pay back their debt and/or whether they are willing to pay (a
FinanceCaptive insurance
Captive insurance is an alternative to self-insurance in which insured parties establish a licensed insurance company for their own use and benefit. The company focuses its service on the specific risks of the insureds and is incentivized to maintain a low profit margin, since it has no separate investors. A captive insurance company helps its sponsors finance their risks and offers them
FinanceCaribbean Financial Action Task Force
The Caribbean Financial Action Task Force (CFATF) is an organization of states and territories of the Caribbean Basin that have agreed to implement common counter-measures against money laundering. CFATF has associate status within the Financial Action Task Force on Money Laundering (FATF).
FinanceCarlos A. Végh
Carlos A. Végh (born August 1, 1958) is a Uruguayan academic economist. Since 2013, he is the Fred H. Sanderson Professor of International Economics at the Johns Hopkins School of Advanced International Studies (SAIS), and holds a joint appointment with Johns Hopkins' Department of Economics. He is also a research associate at the National Bureau of Economic Research since 1998. He was t
FinanceCash out refinancing
Cash out refinancing (in the case of real property) occurs when a loan is taken out on property already owned in an amount above the cost of transaction, payoff of existing liens, and related expenses. Strictly speaking, all refinancing of debt is "cash-out," when funds retrieved are utilized for anything other than repaying an existing loan.
FinanceCash return on capital invested
Cash return on capital invested (CROCI) is an advanced measure of corporate profitability, originally developed by Deutsche Bank's equity research department in 1996 (it now sits within DWS Group). This measure compares a post-tax, pre-interest cash flow to the gross level of capital invested and is a useful measure of a company’s ability to generate cash returns on its investments.
BankingCashier
A retail cashier or simply a cashier is a person who handles the cash register at various locations such as the point of sale in a retail store. The most common use of the title is in the retail industry, but this job title is also used in the context of accountancy for the person responsible for receiving and disbursing money or within branch banking in the United Kingdom for the job kn
FinanceCentral Intelligence Cell
The Central Intelligence Cell (Bengali: কেন্দ্রীয় গোয়েন্দা সেল; abbreviated as CIC) is a specialized intelligence and investigative unit of the National Board of Revenue under the Government of Bangladesh, responsible for intelligence gathering, analysis, and investigation related to customs, taxation, and revenue-related offenses.
Payments & settlementCharge card
A charge card is a type of credit card that enables the cardholder to make purchases which are paid for by the card issuer, to whom the cardholder becomes indebted. The cardholder is obliged to repay the debt to the card issuer in full by the due date, usually on a monthly basis, or be subject to late fees and restrictions on further card use. Charge cards are distinct from traditional c
BankingCheck kiting
Check kiting or cheque kiting (American and British English, respectively) is a form of bank check fraud, involving taking advantage of the float provided by a bank to make use of non-existent funds in a checking or other bank account. Thus, instead of being used as intended, as a negotiable instrument, checks are misused to source (and manage the flow and timing of) a form of unauthoriz
BankingChief economist
A chief economist is a single-position job class having primary responsibility for the development, coordination, and production of economic and financial analysis. It is distinguished from the other economist positions by the broader scope of responsibility encompassing the planning, supervision, and coordination of the economic research.
FinanceChime (company)
Chime Financial, Inc. is an American financial technology company based in San Francisco, California. It provides fee-free mobile banking services through partnerships with two national banks, Stride Bank and The Bancorp Bank. The company offers fee-free checking and savings accounts, debit cards, and other financial products through its mobile application.
BankingChinese Banking Liquidity Crisis of 2013
The Chinese Banking Liquidity Crisis of 2013 was a sudden credit crunch affecting China's commercial banks evidenced by a rapid rise on 20 June 2013 in the Shanghai interbank overnight lending rates to a high of 30 percent from its usual rate of less than 3%. The ensuing panic affected gold markets and stock. China's regulation of the foreign exchange market had caused a decline in inflo
BankingChinese wall
A Chinese wall or ethical wall is an information barrier protocol within an organization designed to prevent exchange of information or communication that could lead to conflicts of interest. For example, a Chinese wall may be established to separate people who make investments from those who are privy to confidential information that could improperly influence the investment decisions.
Trading basicsChoice Lanes
Choice Lanes are a planned system of express toll lanes on Interstate Highways in urban areas in the U.S. state of Tennessee. The lanes are planned to be financed, built, and maintained by private-sector firms through public–private partnerships (P3s) with the Tennessee Department of Transportation (TDOT), which will retain ownership of the facilities. Choice Lanes were authorized by the
FinanceCircular economy
Circular economy (CE), or circularity, is a model of resource production and consumption that involves sharing, leasing, reusing, repairing, refurbishing, and recycling materials and products, to extend product life cycle for as long as possible. The concept aims to tackle global challenges such as climate change, biodiversity loss, waste, and pollution by emphasizing the design-based im
FinanceCirrus (interbank network)
Cirrus is a worldwide interbank network that provides cash to Mastercard cardholders. As a subsidiary of Mastercard, it connects all Mastercard's credit, debit, and prepaid cards, as well as ATM cards issued by various banks worldwide bearing the Mastercard/Maestro logo.
Fiat currenciesClassical dichotomy
In macroeconomics, the classical dichotomy is the idea, attributed to classical and pre-Keynesian economics, that real and nominal variables can be analyzed separately. To be precise, an economy exhibits the classical dichotomy if real variables such as output and real interest rates can be completely analyzed without considering what is happening to their nominal counterparts, the mone
Trading basicsClearfield 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]
Payments & settlementClinkle
Clinkle was an American startup founded in 2011, which sought to facilitate mobile payments with ultrasonic signals emitted by smartphones. The company's $25 million seed round in June 2013 was the largest in Silicon Valley history. Clinkle abandoned its ultrasonic technology due to insurmountable technical challenges and pivoted to launching a prepaid debit card service in 2014. The com
Trading basicsCobequid Pass
The Cobequid Pass is the name given to a 45 km (28 mi) section of Nova Scotia Highway 104 (the Trans-Canada Highway) between Thomson Station, Cumberland County and Masstown, Colchester County in the Canadian province of Nova Scotia, with a 24 km (15 mi) tolled portion. The section is a public–private partnership; the highway is owned by the Highway 104 Western Alignment Corporation, a Cr
Trading basicsCollateral (finance)
In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. The collateral serves as a lender's protection against a borrower's default and so can be used to offset the loan if the borrower fails to pay the principal and interest satisfactorily under the terms of the lending agreement.
Trading basicsCollateral management
Collateral has been used for hundreds of years to provide security against the possibility of payment default by the opposing party in a trade. Collateral management began in the 1980s, with Bankers Trust and Salomon Brothers taking collateral against credit exposure. There were no legal standards, and most calculations were performed manually on spreadsheets. Collateralisation of deriva
Securities & exchangesCollateralized mortgage obligation
A collateralized mortgage obligation (CMO) is a type of complex debt security that repackages and directs the payments of principal and interest from a collateral pool to different types and maturities of securities, thereby meeting investor needs.
FinanceCommissioners for the Reduction of the National Debt
The Commissioners for the Reduction of the National Debt (CRND) is a statutory body of the UK Government, whose main function is the investment and management of government funds. The current Comptroller General is Paul Canty.
FinanceCommittee on Capital Markets Regulation
The Committee on Capital Markets Regulation is an independent and nonpartisan 501(c)(3) research organization financed by contributions from individuals, foundations, and corporations.
FinanceCommodity Credit Corporation
The Commodity Credit Corporation (CCC) is a wholly owned United States government corporation that was created in 1933 to "stabilize, support, and protect farm income and prices" (federally chartered by the CCC Charter Act of 1948 (P.L. 80-806)). The CCC is authorized to buy, sell, lend, make payments, and engage in other activities for the purpose of increasing production, stabilizing p
Trading basicsCommodity price shocks
Commodity price shocks are times when the prices for commodities have drastically increased or decreased over a short span of time.
BankingCommunity development financial institution
A community development financial institution (US) or community development finance institution (UK) – abbreviated in both cases to CDFI – is a financial institution that provides credit and financial services to underserved markets and populations, primarily in the USA but also in the UK. A CDFI may be a community development bank, a community development credit union (CDCU), a communit
FinanceCompanies of the United States with untaxed profits
Companies of the United States with untaxed profits deals with those U.S. companies whose offshore subsidiaries earn profits which are retained in foreign countries to defer paying U.S. corporate tax. The profits of United States corporations are subject to a federal corporate tax rate of 21%. In principle, the tax is payable on all profits of corporations, whether earned domestically or
Payments & settlementCompany store
A company store is a retail store selling a limited range of food, clothing and daily necessities to employees of a company. It is typical of a company town in a remote area where virtually everyone is employed by one firm, such as a coal mine. In a company town, the housing is owned by the company but there may be independent stores there or nearby.
FinanceCompound interest
Compound interest or anatocism is interest accumulated from a principal sum and previously accumulated interest. It is the result of reinvesting or retaining interest that would otherwise be paid out, or of the accumulation of debts from a borrower.