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Digital assets and currencies

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

Payments & settlement

King's shilling

The King's shilling, sometimes called the Queen's shilling when the sovereign is female, is a historical slang term referring to the earnest payment of one shilling given to recruits to the armed forces of the United Kingdom in the 18th, 19th and 20th centuries, although the practice dates back to the end of the English Civil War. To "take the King's shilling" was to agree to serve as a

Finance

Lender option borrower option

Lender option borrower option or lender's option borrower's option (LOBO) is a long term borrowing instrument available in the United Kingdom. They involve periodic interest re-fixings, which incorporates two linked options:

Assets

Meme coin

A meme coin (also spelled memecoin) is a cryptocurrency that originated from an internet meme or has some other humorous characteristic.