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Digital assets and currencies

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

Trading basics

$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

Finance

A Treatise on Money

A Treatise on Money is a two-volume book by English economist John Maynard Keynes published in 1930.

Fiat currencies

African Monetary Union

The African Monetary Union (AMU) is the proposed creation of an economic and monetary union for the countries of the African Union, administered by the African Central Bank. Such a union would call for the creation of a new unified currency, similar to the euro; the hypothetical currency is sometimes referred to as the afro or afriq.

Trading basics

Aircraft lease

Aircraft leases are leases used by airlines and other aircraft operators. Airlines lease aircraft from other airlines or leasing companies for two main reasons: to operate aircraft without the financial burden of buying them, as well as to provide temporary increase in capacity. The industry has two main leasing types: wet-leasing, which is normally used for short-term leasing, and dry-l

Trading basics

Al Gore

Albert Arnold Gore Jr. (born March 31, 1948) is an American former politician, businessman, and environmentalist who served as the 45th vice president of the United States from 1993 to 2001 under President Bill Clinton. A member of the Democratic Party, he previously represented Tennessee in both houses of the U.S. Congress, first as a member of the U.S. House of Representatives from 197

Fiat currencies

Ann Pettifor

Ann Pettifor (born February 1947) is a British economist who advises governments and organisations. She has published several books. Her work focuses on the global financial system, sovereign debt restructuring, international finance and sustainable development. She was one of the leaders of the Jubilee 2000 debt cancellation campaign.

Trading basics

Azul Brazilian Airlines

Azul Linhas Aéreas Brasileiras S/A (Azul Brazilian Airlines; or simply Azul) is a Brazilian airline headquartered in Barueri, a suburb of São Paulo. The company's business model is to stimulate demand by providing frequent and affordable air service to underserved markets throughout Brazil. The company was named Azul ("Blue" in Portuguese) after a naming contest in 2008, where "Samba" wa

Banking

Bank Holding Company Act

The Bank Holding Company Act of 1956 (12 U.S.C. § 1841, et seq.) is a United States Act of Congress that regulates the actions of bank holding companies.

Fiat currencies

Ben Bernanke

Ben Shalom Bernanke ( bər-NANG-kee; born December 13, 1953) is an American economist who served as the 14th chairman of the Federal Reserve from 2006 to 2014. After leaving the Federal Reserve, he was appointed a distinguished fellow at the Brookings Institution. During his tenure as chairman, Bernanke oversaw the Federal Reserve's response to the 2008 financial crisis, for which he was

Trading basics

Bitnation

Bitnation, or crypto nation, was a cryptocurrency-based project self-described as a "voluntary nation", wherein all citizens chose to be citizens, founded in 2014 by Susanne Tarkowski Tempelhof. A part of the process for becoming a citizen involved recording vital records, identity, and other legal events through the use of a smart contract on the Ethereum blockchain.

Trading basics

Capital Markets Union

The Capital Markets Union (CMU) is an economic policy initiative launched by the former president of the European Commission, Jean-Claude Juncker in the initial exposition of his policy agenda on 15 July 2014. The main target was to create a single market for capital in the whole territory of the EU by the end of 2019. The reasoning behind the idea was to address the issue that corporate

Banking

Central Reserve Bank of Peru

The Central Reserve Bank of Peru (Spanish: Banco Central de Reserva del Perú; BCRP) is the Peruvian central bank. It mints and issues metal and paper money, the sol.

Trading basics

Cronyism

Cronyism is awarding positions, jobs, contracts, loans, privileges, or advantages to friends or colleagues. It is used especially in politics, when referring to partiality between politicians and businesses. A person who supports or partakes in cronyism is referred to as a crony, cronie, or cronyist.

Trading basics

Cryptocurrency in the second Trump presidency

During the second presidency of Donald Trump, cryptocurrency was promoted by Trump and his administration, which took a series of crypto-friendly actions and decisions. His administration appointed crypto-friendly regulators, reduced crypto regulation and dropped investigations into crypto firms and crypto crime. Trump promoted his own cryptocurrency meme coin, $Trump, and maintained sig

Banking

Curiel family

The Curiel family (Dutch: Curiël or also known as: da Costa) is a prominent Sephardi Jewish family.

Trading basics

Customer experience

Customer experience (CX) refers to the cognitive, emotional, sensory, and behavioral responses of a customer during all stages of interaction with a product or service, including pre-purchase, consumption, and post-purchase.

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

Debt-trap diplomacy

Debt-trap diplomacy is an international financial relationship where a creditor country or institution extends debt to a borrowing nation partially, or solely, to increase the lender's political leverage. The creditor country is said to extend excessive credit to a debtor country with the intention of extracting economic or political concessions when the debtor country becomes unable to

Trading basics

Deutschlandticket

The Deutschlandticket, also known as the D-Ticket, is a monthly ticket for local and regional public transport in Germany. It is valid nationwide and allows unlimited travel on participating services. The ticket may either be an electronic ticket on a chipcard or an Aztec code in a mobile app; paper tickets are not issued. All Deutschlandtickets are personalised and only valid together w

Trading basics

Dodd–Frank Act

The Dodd–Frank Wall Street Reform and Consumer Protection Act, commonly referred to as the Dodd–Frank Act, is a United States federal law enacted on July 21, 2010, as the primary legislative response to the 2007–2008 financial crisis—the worst financial crisis since the Great Depression. Named for its sponsors, Senator Chris Dodd and Representative Barney Frank, the law was signed by Pre

Trading basics

Doppelgänger brand image

A doppelgänger brand image is a parody logo or narrative intended to highlight ethical issues regarding the product advertised. They are commonly associated with the brand's lack of authenticity, and most are created as a form of individual protest, either posted digitally on social media, or displayed as physical graffiti.

Finance

Equivalence in financial services

The principle of equivalence in financial services at the European Union (EU) level is one of the instruments the Commission has at its disposal to carry out its international strategy for financial services. The principle of equivalence is materialised through an equivalence decision issued by the European Commission to a targeted country that it judges fit to have access to the Europea

Finance

European Banking Authority

The European Banking Authority (EBA) is an independent EU agency responsible for developing regulatory standards and promoting supervisory convergence across the EU banking and financial sector. According to its founding regulation, the EBA is tasked with promoting supervisory convergence and protecting consumers throughout the EU. The Authority plays a central role in EU-wide bank stres

Trading basics

European Securities and Markets Authority

The European Securities and Markets Authority (ESMA) is an agency of the European Union located in Paris. ESMA replaced the Committee of European Securities Regulators (CESR) on 1 January 2011. It is one of three European Supervisory Authorities set up within the European System of Financial Supervision in Paris, together with the European Banking Authority (EBA) also in Paris and the Eu

Finance

European Stability Mechanism

The European Stability Mechanism (ESM) is an intergovernmental organization located in Luxembourg City, which operates under public international law for all eurozone member states having ratified a special ESM intergovernmental treaty. It was established on 27 September 2012 as a permanent firewall for the eurozone, to safeguard and provide instant access to financial assistance program

Finance

European System of Financial Supervision

The European System of Financial Supervision (ESFS) is the framework for financial supervision in the European Union that has been in operation since 2011. The system consists of the European Supervisory Authorities (ESAs), the European Systemic Risk Board, the Joint Committee of the European Supervisory Authorities, and the national supervisory authorities of EU member states. It was pr

Finance

European Systemic Risk Board

The European Systemic Risk Board (ESRB) is a group established on 16 December 2010 in response to the euro area crisis. It is tasked with the macro-prudential oversight of the financial system within the European Union in order to contribute to the prevention or mitigation of systemic risks to financial stability in the EU. It shall contribute to the smooth functioning of the internal ma

Trading basics

Fair Debt Collection Practices Act

The Fair Debt Collection Practices Act (FDCPA), Pub. L. 95-109; 91 Stat. 874, codified as 15 U.S.C. § 1692 –1692p, approved on September 20, 1977 (and as subsequently amended), is a consumer protection amendment, establishing legal protection from abusive debt collection practices, to the Consumer Credit Protection Act, as Title VIII of that Act. The statute's stated purposes are: to eli

Trading basics

Fort Frances Pulp and Paper v Manitoba Free Press

Fort Frances Pulp and Paper v Manitoba Free Press is a decision on the Canadian Constitution by the Judicial Committee of the Privy Council on the "emergency doctrine" of the peace, order and good government power in the British North America Act, 1867.

Stablecoins

GENIUS Act

The Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) is a United States federal law that aims to create a comprehensive regulatory framework for stablecoins. Stablecoins are a type of cryptocurrency that are backed by assets considered to be reliable such as a national currency or a commodity. Stablecoins are typically used to transfer funds between diff

Fiat currencies

Genoa Economic and Financial Conference (1922)

The Economic and Financial Conference was a formal conclave of representatives from 34 European countries held in the ancient Palazzo San Giorgio of Genoa, Italy, from 10 April to 19 May 1922.

Banking

Gordon Gekko

Gordon Gekko is a composite character in the 1987 film Wall Street and its 2010 sequel Wall Street: Money Never Sleeps, both directed by Oliver Stone. Gekko was portrayed in both films by actor Michael Douglas, who won the Academy Award for Best Actor for his performance in the first film. In 2003, the American Film Institute named Gordon Gekko No. 24 on its Top 50 movie villains of all

Finance

Halifax Initiative

The Halifax Initiative is a coalition of Canadian non-governmental organizations for public interest work and education on international financial institutions. Canadian non-governmental organizations formed the Halifax Initiative in December 1994 to ensure that demands for fundamental reform of the international financial institutions (namely the World Bank and the International Monetar

Trading basics

Housing stress

Housing stress describes a situation where the cost of housing (either as rental, or as a mortgage) is high relative to household income. It may also be used to describe inadequate housing for a proportion of the population.

Finance

Income deficit

Income deficit is the difference between a single person or family's income and its poverty threshold or poverty line, when the former is exceeded by the latter. Data on the income deficits of various members of a population allow for the construction of one type of measurement of income inequality in that population. Individuals or families that fall below the line are considered to be

Trading basics

Indenture

An indenture is a legal contract that reflects an agreement between two parties. Although the term is most familiarly used to refer to a labor contract between an employer and a laborer with an indentured servant status, historically indentures were used for a variety of contracts, including transfers and rents of land and even peace agreements between rulers.

Fiat currencies

International status and usage of the euro

The euro, which is the currency of the European Union member states in the eurozone, has been used internationally since its launch in 1999. On 1 January 2002, when the currency formally replaced 12 currencies of the original eurozone states, its usage was inherited in territories such as Montenegro which had used pre-euro currencies, while other minor currencies tied to pre-euro currenc

Securities & exchanges

Israel Bonds

Israel Bonds, the commonly known name of Development Corporation for Israel (DCI), is the U.S. underwriter of debt securities issued by the State of Israel. DCI is headquartered in New York City and is a broker-dealer and member of the Financial Industry Regulatory Authority (FINRA). Dan Naveh is president and CEO.

Banking

Joseph Yam

Joseph Yam Chi-kwong, GBM, GBS, CBE, JP (任志剛; born 1948, Hong Kong) is a Hong Kong statistician, economist and civil servant. He was the first Chief Executive of the Hong Kong Monetary Authority, Hong Kong's de facto central bank, holding the position for 16 years. In 2011 Yam was elected to a member of the board of directors of the Swiss Bank UBS AG. In 2014, following UBS AG's restruct

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

Securities & exchanges

Mansoor Ijaz

Mansoor Ijaz (born August 1961) is an American venture financier and hedge-fund manager. He is founder and chairman of Crescent Investment Management Ltd, a New York and London-based investment firm that operates CARAT, a proprietary trading system developed by Ijaz in the late 1980s. His venture investments included unsuccessful efforts in 2013 to acquire a stake in Lotus F1, a Formula

Trading basics

Marc Rowan

Marc Jeffrey Rowan (born 1962) is an American billionaire businessman who is the chairman and chief executive officer (CEO) of Apollo Global Management, an American asset management firm. He co-founded the firm in 1990, with Josh Harris and Leon Black, and has been its CEO since 2021. As of 2026, Bloomberg estimated Rowan's net worth at $9.77 billion.

Finance

Med Jones

Med Jones (also known as Med Yones) is an American economist and strategist. He currently serves as the president of the International Institute of Management, a think tank and research organization based in the United States, focused on government, business, and investment strategies. He also serve as an advisory board member at its education subsidiary, the Executive Education Institu

Fiat currencies

Michael Woodford (economist)

Michael Dean Woodford (born 1955) is an American macroeconomist and monetary theorist who teaches at Columbia University. In 2026, he was awarded the Nobel Memorial Prize in Economic Sciences, along with Robert E. Hall.

Finance

Ministry of Economy and Finance (Peru)

The Ministry of Economy and Finance (Spanish: Ministerio de Economía y Finanzas, MEF) of Peru is the government ministry responsible for the planning and execution of economic policies of the Peruvian government with the goal of optimizing the economic and financial activities of the state, establish macroeconomic activity, and achieve the sustainable growth of the nation's economy.

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

Mir (payment system)

Mir (Russian: Мир, IPA: [ˈmʲir]; lit. 'the world' or 'peace') is a Russian card payment system for electronic fund transfers established by the Central Bank of Russia under a law adopted on 1 May 2017. It is operated by the Russian National Card Payment System, a wholly owned subsidiary of the Central Bank of Russia. Mir does not itself issue cards, extend credit or set rates and fees fo

Trading basics

Mug shot of Donald Trump

On August 24, 2023, a mug shot of Donald Trump, then a former president of the United States who went on to win the 2024 presidential election, was taken at the Fulton County Jail in Atlanta, Georgia. The mug shot was taken after Trump was indicted on racketeering and related charges, and voluntarily surrendered himself to authorities at the Fulton County Jail. In the photograph, Trump,

Trading basics

Nation branding

Nation branding aims to measure, build and manage the reputation of countries (closely related to place branding). In the book Diplomacy in a Globalizing World: Theories and Practices, the authors define nation branding as "the application of corporate marketing concepts and techniques to countries, in the interests of enhancing their reputation in international relations." Many nations

Trading basics

Neapolitan sums

The Neapolitan sums (Polish: Sumy neapolitańskie) refers to a loan made in 1557 by Bona Sforza, dowager Queen of Poland and Grand Duchess of Lithuania, to Philip II of Spain. The debt was never repaid and continued to be disputed between the Polish–Lithuanian Commonwealth and Kingdom of Spain up until the Third Partition in 1795. The phrase sumy neapolitańskie became synonymous in the Po

Banking

Norman Chan

Norman Chan Tak-lam, GBS, JP (born 1954), is a Hong Kong banker, treasury official, and civil servant. Chan was Chief Executive of the Hong Kong Monetary Authority from 2009 to 2019. He previously was Director of the Office of the Chief Executive of the HKSAR and Regional Vice-Chairman of Standard Chartered Bank. He was awarded the Silver Bauhinia Star (SBS) in 1999 and te Gold Bauhinia

Payments & settlement

Pan-African Payment and Settlement System

The Pan-African Payment and Settlement System (PAPSS) is a Pan-African real-time gross settlement (RTGS) infrastructure for cross-border payments in distinct local currencies. It was publicly launched on January 13, 2022 by the African Union (AU) and the African Export-Import Bank (Afreximbank) to compliment trading under the African Continental Free Trade Area (AfCFTA) with further roll

Trading basics

Partnership for Global Infrastructure and Investment

The Partnership for Global Infrastructure and Investment (PGII or PGI) is a collaborative effort by Group of Seven (G7) to fund infrastructure projects in developing nations based on the trust principles of the Blue Dot Network. It is intended to be the bloc's counter to China's Belt and Road Initiative and a key component of the "Biden Doctrine".

Trading basics

Patricia Cloherty

Patricia Mary Cloherty (July 2, 1942 – September 23, 2022) was an American businesswoman, company director, and private equity financier. She was the chairman and CEO of Delta Private Equity Partners. Cloherty served as manager of The U.S. Russia Investment Fund and Delta Russia Fund, two venture capital funds which operated in Russia. In 2004, Cloherty was named Businessperson of the Ye

Banking

Pawnbrokers Act 1872

The Pawnbrokers Act 1872 (35 & 36 Vict. c. 93) was an act of the Parliament of the United Kingdom that repealed, altered and consolidated all previous legislation relating pawnbroking in Great Britain.

Trading basics

Permanent Court of Arbitration

The Permanent Court of Arbitration (PCA) is an intergovernmental organization headquartered at the Peace Palace in The Hague, Netherlands, which was built to house the PCA.

Trading basics

Pink tax

The pink tax refers to the tendency for products marketed specifically toward women to be more expensive than those marketed toward men. The phenomenon is often attributed to gender-based price discrimination, but a research paper, conducted by economic consulting firm Cornerstone Research, posits that the primary cause is women sorting into goods with higher marginal costs. The name ste

Trading basics

Porter hypothesis

According to the Porter hypothesis, strict environmental regulations can induce efficiency and encourage innovations that help improve commercial competitiveness. The hypothesis was formulated by the Harvard University economist Michael Porter in an article in 1991. Porter and Claas van der Linde, of the University of St. Gallen, detailed the hypothesis in the 1995 journal article "Towar

Securities & exchanges

React (book)

React (from Spanish: Reacciona) is a book by Rosa María Artal published in Spain in 2011 by Aguilar, which compiles articles by José Luis Sampedro, Baltasar Garzón, Federico Mayor Zaragoza, Javier Pérez de Albéniz, Javier López Facal, Carlos Martínez Alonso, Ignacio Escolar, Rosa María Artal, Àngels Martínez Castells, Juan Torres Lopez and Lourdes Lucia. The book, edited by journalist Ro

Finance

Repossession

Repossession, commonly referred to as repo, is a "self-help" type of action in which the party having the right of ownership of a property takes the property in question back from the party having right of possession without invoking court proceedings. The property may then be sold by either the financial institution or third party sellers.

Finance

Repudiation of debt at the Russian Revolution

In February 1918, shortly after the Bolsheviks seized power in the Russian Revolution, their Council of People's Commissars repudiated the sovereign debt and other financial obligations of Russia. This position shocked international finance and triggered unanimous condemnation by the governments of the great powers. The British, and especially the French, had lost millions of pounds of f

Trading basics

Richard C. Blum

Richard Charles Blum (July 31, 1935 – February 27, 2022) was an American investor and the husband of United States Senator Dianne Feinstein. He was the chairman and president of Blum Capital, an equity investment management firm. Blum was on the boards of directors of several companies, including CB Richard Ellis, where until May 2009 he served as the chairman of that board. He was a reg

Banking

ShoreBank

ShoreBank was a community development bank founded and headquartered in Chicago. At the time of its closing it was the oldest and largest such institution, and in 2008 had $2.6 billion in assets. It was owned by ShoreBank Corporation, a regulated bank holding company.

Trading basics

Standard Catalog of World Coins

The Standard Catalog of World Coins is a series of numismatic catalogs, commonly known as the Krause catalogs. They are published by Krause Publications, a division of Active Interest Media.

Finance

Taxation in Colombia

See Government of Colombia for a broader perspective of Colombian government.

Trading basics

The Best Job in the World (advertising)

In 2009, Tourism Queensland promoted the Great Barrier Reef as a global tourism destination with a website encouraging people worldwide to apply for The Best Job In The World, to be a "Caretaker of the Islands" to "house-sit" the islands of the Great Barrier Reef for half a year, based on Hamilton Island.

Finance

The Points Guy

The Points Guy (TPG) is an American travel website and blog that produces sponsored news and stories on travel, means of accumulating and using airline points and miles, and credit cards (in particular, credit card reviews). The site was founded in 2010 and was initially a blog written by founder Brian Kelly. By 2017, the site employed 20 full-time staff in addition to 50 freelance contr

Trading basics

Toning (coin)

Toning on a coin is the change of colour brought about through oxidization, which forms a thin layer of tarnish on the metal's surface, typically as a result of interactions and chemical reactions with sulfur-containing compounds in the environment. Coin toning can vary in aesthetics, and thus can alternately add or detract from a coin's value. Coins with unusual toning colours or patter

Finance

U.S. Strategic Bitcoin Reserve

The Strategic Bitcoin Reserve is a proposed reserve asset, funded by the United States Department of the Treasury's forfeited bitcoin, announced by United States president Donald Trump in March 2025. The creation of the United States Digital Asset Stockpile for non-bitcoin assets was also announced. Trump has previously stated that he wants the United States to become the "crypto capita

Securities & exchanges

Volfefe index

The Volfefe Index was a stock market index of volatility in market sentiment for US Treasury bonds caused by tweets by President Donald Trump.

Banking

Walther Funk

Walther Immanuel Funk (18 August 1890 – 31 May 1960) was a German economist, Nazi official and convicted war criminal who served as Reichsminister for the Economy from 1938 to 1945 and president of the Reichsbank from 1939 to 1945. Funk oversaw the mobilization of the economy for Germany's rearmament and World War II, and the expropriation of assets of victims from Nazi concentration cam

Trading basics

Wife selling

Wife selling is the practice of a husband selling his wife and may include the sale of a female by a party outside a marriage. Wife selling has had numerous purposes throughout the practice's history; and the term "wife sale" is not defined in all sources relating to the topic.

Finance

Zanny Minton Beddoes

Susan "Zanny" Minton Beddoes (born July 1967) is a British journalist. She is the editor-in-chief of The Economist. She began working for the newspaper in 1994 as its emerging markets correspondent.