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

Agricultural finance

Agricultural finance is a branch of finance which comprises financial services for agricultural production, processing and marketing, leasing (both land and equipment), and crop and livestock insurance.

Finance

Beirut Central District

The Beirut Central District, historically named "Al-Balad", is the historical and geographical core of Beirut, the capital of Lebanon. Also called downtown Beirut, it has been described as the “vibrant financial, commercial, and administrative hub of the country.” It is thousands of years old, with a traditional focus on business, finance, culture, and leisure.

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

Banking

Euro short-term rate

The Euro Short-Term Rate (€STR) is a reference rate for the euro. This interest rate can be used as the rate referenced in financial contracts that involve the euro. €STR is administered and calculated by the European Central Bank (ECB), based on the money market statistical reporting of the Eurosystem. According to the indications of the working group on euro risk-free rates, €STR repla

Trading basics

Financial Modeling World Cup

The Financial Modeling World Cup (FMWC) is an organization that hosts various Microsoft Excel–based competitions.

Finance

History of banking

The history of banking began with the first prototype banks, that is, the merchants of the world, who gave grain loans to farmers and traders who carried goods between cities. This was around 2000 BCE in Assyria, India, and Sumer. Later, in ancient Greece and during the Roman Empire, lenders based in temples gave loans, while accepting deposits and performing the change of money. Archaeo

Finance

History of debt relief

Debt relief, or debt forgiveness, has been practiced in many societies since antiquity. Periodic debt remission was institutionalised in the Ancient Near East and contributed to the stability of its societies. In ancient Greece and Rome the laws were more creditor-friendly and debt cancellation was one of the major demands of the poor, only occasionally implemented by the government. Med

Finance

History of insurance

The history of insurance traces the development of the modern business of insurance against risks, especially regarding cargo, property, death, automobile accidents, and medical treatment.

Finance

Insurance

Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss.

Securities & exchanges

International Swaps and Derivatives Association

The International Swaps and Derivatives Association (ISDA ) is a trade organization of participants in the market for over-the-counter derivatives. It is headquartered in New York City.

Finance

Just price

The just price is a theory of ethics in economics that attempts to set standards of fairness in transactions. With intellectual roots in ancient Greek philosophy, it was advanced by St. Thomas Aquinas based on an argument against usury, which in his time referred to the making of any rate of interest on loans. It gave rise to the contractual principle of laesio enormis.

Finance

Marousi

Marousi or Maroussi (Greek: Μαρούσι), also known as Amarousio (Αμαρούσιο), is a city in the northeastern part of the Athens urban area, Greece. Marousi dates back to the era of the ancient Athenian Republic; its ancient name was Athmonon (Ἄθμονον) and it represented one of the 10 Athenian sub-cities. The area held a main ancient temple, where Amarysia Artemis, the goddess of hunting, wa

Trading basics

Microsoft Excel Collegiate Challenge

The Microsoft Excel Collegiate Challenge (MECC) is a Microsoft Excel esports competition.

Finance

Ministry of Finance and Treasury (Bosnia and Herzegovina)

The Ministry of Finance and Treasury of Bosnia and Herzegovina (Serbo-Croatian: Ministarstvo finansija i trezora Bosne i Hercegovine / Министарство финансија и трезора Босне и Херцеговине) is the governmental department which oversees the public finances of Bosnia and Herzegovina.

Payments & settlement

N26

N26 Bank SE, doing business as N26, and formerly named Papayer GmbH, and Number26 GmbH, is a multinational German fintech and neobank company based in Berlin. N26 was founded in 2013 by Rocket Internet and operates in various European Union member states that are members of the Single Euro Payments Area (SEPA).

Finance

San Isidro District, Lima

San Isidro (Spanish: [ˌsan iˈsidɾo]; lit. 'Saint Isidore') is a district of Lima, Peru. Created in 1931, it is an upscale part of the city's west central area, with about 600 meters of coastline. In recent years, it has become a major financial quarter, as many banks and businesses left downtown Lima to set up their headquarters in modern office blocks. It is inhabited by mostly upper mi

Fiat currencies

Snake in the tunnel

The snake in the tunnel was a system of European monetary cooperation in the 1970s which aimed at limiting fluctuations between different European currencies. It was the first attempt at European monetary cooperation. It attempted to create a single currency band for the European Economic Community (EEC), essentially pegging all the EEC currencies to one another.

Banking

TARGET2-Securities

TARGET2-Securities, in shorthand T2S, is the Eurosystem's platform for securities settlement in central bank money. T2S offers centralised delivery-versus-payment (DvP) settlement across several European securities markets, without being itself a central securities depository (CSD) since it does not offer CSD services such as custody or asset servicing.

Finance

Tax haven

A tax haven is a term, often used pejoratively, to describe a place with very low tax rates for non-domiciled investors, even if the official rates may be higher.

Securities & exchanges

UNIDROIT

UNIDROIT (formally, the International Institute for the Unification of Private Law; French: Institut international pour l'unification du droit privé) is an intergovernmental organization whose objective is to harmonize private international law across countries through uniform rules, international conventions, and the production of model laws, sets of principles, guides and guidelines. E

Fiat currencies

World currency

A world currency, supranational currency, or global currency is a currency that is widely used in international finance or in international trade to price goods or other transactions. It is generally a currency which is stable in terms of inflation and has a high demand on the foreign exchange market. Greek and Roman coins were the first world currency, followed by Dutch guilders in the