Sentences with phrase «money as a means of payment»

Not exact matches

True to its origins as an open, decentralized currency, bitcoin is meant to be a quicker, cheaper, and more reliable form of payment than money tied to individual countries.

While this might sound somewhat similar to Bitcoin, there are major differences between the two, the main one being that Bitcoin is a decentralised currency — a store of value and a means of payment — whereas Ripple focuses on a single use case: sending money as fast as information.

Here again, money's role as a generally accepted means of payment can be confusing, because it means that a loan is likely to consist of a loan of money.

The site is free to join and operates a «token» based payment system, which means instead of having to pay a monthly flat fee for site membership (as with most subscription sites in this category) users can spend their tokens as they wish, meaning their money will, more often than not, go further.

Included in the PowerPoint: Macroeconomic Objectives (AS Level) a) Aggregate Demand (AD) and Aggregate Supply (AS) analysis - the shape and determinants of AD and AS curves; AD = C+I+G + (X-M)- the distinction between a movement along and a shift in AD and AS - the interaction of AD and AS and the determination of the level of output, prices and employment b) Inflation - the definition of inflation; degrees of inflation and the measurement of inflation; deflation and disinflation - the distinction between money values and real data - the cause of inflation (cost - push and demand - pull inflation)- the consequences of inflation c) Balance of payments - the components of the balance of payments accounts (using the IMF / OECD definition): current account; capital and financial account; balancing item - meaning of balance of payments equilibrium and disequilibrium - causes of balance of payments disequilibrium in each component of the accounts - consequences of balance of payments disequilibrium on domestic and external economy d) Exchange rates - definitions and measurement of exchange rates - nominal, real, trade - weighted exchange rates - the determination of exchange rates - floating, fixed, managed float - the factors underlying changes in exchange rates - the effects of changing exchange rates on the domestic and external economy using AD, Marshall - Lerner and J curve analysis - depreciation / appreciation - devaluation / revaluation e) The Terms of Trade - the measurement of the terms of trade - causes of the changes in the terms of trade - the impact of changes in the terms of trade f) Principles of Absolute and comparative advantage - the distinction between absolute and comparative advantage - free trade area, customs union, monetary union, full economic union - trade creation and trade diversion - the benefits of free trade, including the trading possibility curve g) Protectionism - the meaning of protectionism in the context of international trade - different methods of protection and their impact, for example, tariffs, import duties and quotas, export subsidies, embargoes, voluntary export restraints (VERs) and excessive administrative burdens («red tape»)- the arguments in favor of protectionism This PowerPoint is best used when using worksheets and activities to help reinforce the ideas talked about.

Most lenders require funds used as a down payment to be seasoned, meaning the money has been in the borrower's account for a period of time, and not a recent loan or gift.

So, my advice is instead of trying to get as high a credit score as possible which may mean taking on more debt than you should, I think you should instead focus on what's right for you, which might include things like, you know, saving money so you've got a bigger down payment when you go to buy that house.

If you start taking Social Security as soon as you're qualified, the higher number of payments you'll receive means you'll collect more money than someone who waits to file — until you reach a tipping point.

«Loan broker» also means any person who serves as a facilitator of a refund anticipation loan or refund anticipation check, whether or not in return for the separate payment of money or other valuable consideration.

garnishment [top] Legal proceeding whereby money or property due to a creditor, but in the possession of another, such as an employer, is intercepted by means of a court order and applied to the payment of the debt owed to the plaintiff creditor.

Delinquent Credit Card Debit Over the years credit card, or plastic money as it is usually referred to in financial circles, has continued to be an accepted mean of payments by both merchants and consumers.

This is how title loans on cars work: based around the equity of your vehicle, and secured to your title, LoanMart becomes the lien holder as a means for you to obtain your loan money and to keep you behind the wheel for the duration of your loan payment.

My payments are over $ 900 per month (twice as much as my house payment) and I can't find a job that will even come close to what I currently earn as an automotive tech... This debt also means that I can't even consider getting any kind of small business loan, or saving any substantial amount of money living paycheck to paycheck just to stay current on my payments.

«Results - based payments,» means money, to be paid from one country to another based on the amount of extra carbon the receiving country keeps locked in forests as a result of actions that countries take to slow deforestation.

(3) Where the person who would have been entitled to the payment of insurance money, if the money had become payable immediately before the 1st day of July, 1962, was a preferred beneficiary within the meaning of Part V of The Insurance Act, being chapter 190 of the Revised Statutes of Ontario, 1960, as it existed immediately before that day, the insured may not, except in accordance with that Part,

The new draft law will define the term «money surrogates», and also determine penalties for the use of cryptocurrencies as a means of payment.

While this might sound somewhat similar to Bitcoin, there are major differences between the two, the main one being that Bitcoin is a decentralised currency — a store of value and a means of payment — whereas Ripple focuses on a single use case: sending money as fast as information.

Given its use as a means of exchange in many online and in - person payment gateways, it seems to be an easy jump to call it money just like the U.S. dollar or Japanese yen.

The rise of NFC payment technology, Blockchain and Cryptocurrencies mean that talk of cashing a check or carrying a money clip will instantly mark out parents as being, like, totally ancient.

Valve's game marketplace platform now accepts Bitcoin as a form of payment, meaning you have another option for spending all your extra money on the next Steam sale.

LitePay will simplify acceptance of litecoins as a means of payment in shops, restaurants and other retail outlets that mostly work with fiat money.

The real world applications of bitcoin, such as digital peer - to - peer payments and low - cost money transfers, mean that the demand and, therefore, the value of bitcoin will likely continue to increase over time.

«Virtual currency is currently unable to function as a means of payment and it is being used for illegal purposes like money laundering, scams and fraudulent investor operations.

This means that, in our example, if a young married couple had $ 2,500 of their own money saved for a home purchase and the father of the bride gave a gift of $ 7,500 to the couple as a wedding present, that money could be used as the down payment.