Sentences with phrase «accepted means of exchange»

Both money proper and money substitutes serve as generally accepted means of exchange.

Not exact matches

««Virtual currencies» means a digital representation of value that is neither issued by a central bank or a public authority, not attached to a legally established currency, which does not possess the legal status of currency or money, but is accepted by natural or legal persons as a means of exchange or for other purposes, and can be transferred, stored or traded electronically.

The Bank of Israel and the ministry stress that digital currencies are not legal tender, nor are they issued or backed by a central bank, which means there is not legal requirement for anyone to accept or exchange them.

In exchange for the ability to fund these early - retirement adventures, many retirees are willing to accept a potentially smaller lifetime benefit, even if it also means accepting a declining standard of living in their later years.

A crypto currency is an alternative currency that is designed to serve as a means of exchange between people and businesses that are willing to accept them.

While corporations can accept cryptocurrencies as a means of payment or value exchange, Hoffmeyer believes they have limited application for corporates, unlike blockchain technology.

Thus, the creator declares and promises their backers that their product will (or already does) accept KickCoins as a means of payment, at a rate of conversion listed on cryptocurrency exchanges.

C. Item must be returned (means applied and started to return) within 7 days of accepting the delivery.It is buyers» responsibility to pay the return or exchange postage.

In this Quarterly Report on Form 10 - Q, unless the context otherwise requires, the following terms have the meanings assigned to them as set forth below: «we», «our», and the «Company» refer to Forward Industries, Inc., a New York corporation, together with its consolidated subsidiaries; «Forward» or «Forward Industries» refers to Forward Industries, Inc.; «common stock» refers to the common stock, $.01 par value per share, of Forward Industries, Inc.; «Koszegi» refers to Forward Industries» wholly owned subsidiary Koszegi Industries, Inc., an Indiana corporation; «Forward HK» refers to Forward Industries» wholly owned subsidiary Forward Industries HK, Ltd., a Hong Kong corporation; «Forward Innovations» refers to Forward Industries» wholly owned subsidiary Forward Innovations GmbH, a Swiss corporation; «Forward APAC» refers to Forward Industries» wholly owned subsidiary Forward Asia Pacific Limited, a Hong Kong corporation; «GAAP» refers to accounting principles generally accepted in the United States; «Commission» refers to the United States Securities and Exchange Commission; «Exchange Act» refers to the United States Securities Exchange Act of 1934, as amended;

Personally, I do; but I can not deny that if you go online then you must accept that you are leaving a trail, but that does not mean that we have to exchange our love of the interwebs and mobile computing in exchange for our privacy.

I offered her $ 4,216.00 in total in exchange for a signed release, which I explained would mean that she is accepting that amount of money to permanently close her claim.

In light of this consensus as to the term's ordinary meaning, the Court concludes that «funds,» for the purposes of § 1960, means pecuniary resources, which are generally accepted as a medium of exchange or a means of payment.

The long - awaited bill, which goes into effect on April 1, still does not recognize bitcoin as a currency, but it has accepted that bitcoin and other cryptocurrencies have «asset - like values» that can be used «as payment to indefinite parties for the cost of purchase or rent of items or receipt of services and which can be transferred by means of electronic data processing systems,» explained Bitflyer exchange.

Ticket Camp, a premier customer - to - customer (C2C) ticket exchange marketplace in Japan have made the public announcement of being the front runner in the sphere of accepting Bitcoin as a payment means for issuing tickets in Japanese ticket industry.

Cryptocurrencies are therefore not considered as official South African tender nor is it widely accepted as a means of exchange or payment.

This exchange bug and related fallout come at an interesting time for cryptocurrency relations in Japan, which recently announced it as an accepted means of payment.

The cryptocurrency is not recognised as a means of payment by the official structures: banks do not accept it and Chinese financial system does not protect bitcoin owners in the case of stock exchange crisis.

This chicken - and - egg scenario in which bitcoin co-exists with existing (and more commonly accepted) fiat currencies means that currency conversions must still occur at each end of the transmission, which then requires intermediaries in the form of bitcoin exchanges and the fees they will necessarily levy.

Athena machines offer both the buying and selling of cryptocurrency, which means American BCH holders have gained not only a new convenient method to increase their stockpile of the cryptocurrency but also the ability to easily exchange it for fiat in case they need to pay in shops that don't accept credit or crypto.