Sentences with phrase «unit of account for»

Miners do this because the unit of account for fiat currency is typically stable and liquid, such that they can pay wages to their employees, pay rent, electrical costs, property taxes, etc..
That trend won't continue, and it will still be some while before Bitcoin has the kind of low volatility that makes it a reasonable store of value or unit of account for people whose alternatives are the dollar, the Euro, and other major currencies.

Not exact matches

The company is one of the world's biggest makers of freight locomotives but the unit is barely big enough to move GE's dial these days, accounting for only $ 4.3 billion out of total annual sales of $ 124 billion).
This accounts for 14 % of the Rogers cable business, but only 7 % of overall revenue (including the wireless, cable and media business units).
Separately, the official Twitter account for the 82nd Airborne Division, one of the US Army's renowned infantry units, addressed an unrelated image of a man who wore a hat bearing the division's emblem while rendering what appeared to be a KKK salute.
At the same time, the bank is also trying to improve the profit margins in its wealth management unit, which now accounts for about 40 percent of the company's revenue, looking at both increasing assets under management and selling clients more products.
Data from ESAC show that as of February 2011, digital distribution accounted for 6 % of sales by revenue — but 35 % of sales by unit.
Amazon went on to create a lucrative marketplace for third - party sellers which now accounts for about 40 percent of its quarterly unit sales.
The net to the licensee would be around $ 2.00 to $ 2.70 per unit (assuming a buyback gross margin of 58 %) with all fees accounted for, except the $ 125 / month hosting.
The representatives may agree to allocate a number of common units to underwriters for sale to their online brokerage account holders.
At only two pages, the concise bill is not very substantive, save for a brief classification of «virtual currency» as «any type of digital representation of value that; 1) Is used as a medium of exchange, unit of account or store or value; and 2) Is not recognized as legal tender by the United States government.»
For example, if you have $ 10,000 of margin in your account and you open one standard lot of USD / JPY (100,000 units of the base currency) for $ 100,000, your leverage ratio is 10:1 ($ 100,000 / $ 10,00For example, if you have $ 10,000 of margin in your account and you open one standard lot of USD / JPY (100,000 units of the base currency) for $ 100,000, your leverage ratio is 10:1 ($ 100,000 / $ 10,00for $ 100,000, your leverage ratio is 10:1 ($ 100,000 / $ 10,000).
After hitting a record of 3.80 million units in 2012, auto sales in Brazil - the world's eighth largest market, accounting for a majority of South American sales - plunged 46 percent to 2.05 million in 2016.
Meanwhile, traditional VAs, or unit - linked annuities with or without guarantees, last year accounted for 18 percent of the company's new business premium, down from 22 percent in 2015, the parent company said.
Our estimated scorecard got within about ~ 55 units of the actual number (accounting for just a handful of international Model X deliveries).
There have been plenty of cryptocurrencies over the years, and they have all exhibited potential for storing value, operating as a unit of account and proving a reliable medium of exchange.
A unit of one of the nation's largest investment and insurance companies, The Hartford has hired virtual workers for jobs, including clinical team leaders, senior staff attorneys, outside property adjusters, equipment breakdown specialists, and claims account executives.
The Management Fee is accounted for in the calculation of the weekly Unit Price at Friday's close.
As the value of a «whole» Bitcoin increased, to be useful for day to day transactions, people started accounting in smaller units.
This has been a rapidly growing business, and last year accounted for over 40 % of total units sold on Amazon.com.
To accomplish that, the bill adds a definition of virtual currency to the state's money services statute (8 V.S.A. § 2500 et seq.): «stored value that (A) can be a medium of exchange, a unit of account, or a store of value; (B) has an equivalent value in money or acts as a substitute for money; (C) may be centralized or decentralized; and (D) can be exchanged for money or other convertible virtual currency.»
For one thing, as we have seen in section I, the Whiteheadian account introduces the idea of the synthetic unit as the fundamental unit of nature.
We have not yet taken sufficient account of the fact that this demand for the Absolute, not always easily discernible in the isolated human unit, is one of the impulses which grow and are intensified in the Noosphere.
Flexible Packaging is the largest packaging type accounting for 8,140.5 million units 2016, while Rigid Metal is estimated to witness the highest CAGR of 3.4 % during 2016 - 2021.
Rigid Plastics is the largest packaging type accounting for 49,344.2 million units 2016 and is estimated to witness a growth of 1.0 % during 2016 - 2021, while Flexible Packaging is the fastest growing pack material with a CAGR of 1.1 % over the forecast period.
Paper & Board is the largest packaging type accounting for 213,501.8 million units 2016, while Rigid Plastics is estimated to witness the fastest CAGR of 7.7 % during 2016 - 2021.
Rigid Plastic is the largest packaging type accounting for 36,841.1 million units 2016 with a share of 35.3 % and estim...
Rigid Plastic is the largest packaging type accounting for 37,194.3 million units 2016, estimated to witness the highest CAGR growth of 2.0 % over 2016 - 2021 along with Flexible Packages.
Flexible Packaging is the largest packaging type accounting for 159,337.4 million units 2016, while Rigid Metal is estimated to witness the fastest CAGR of 11.5 % during 2016 - 2021.
Rigid Plastics is the largest packaging type accounting for 8,608.7 million units in 2016 and is estimated to witness a CAGR of 2.4 % during 2016 - 2021, while Flexible Packaging is the fastest growing pack material with a CAGR of 2.6 % over the forecast period.
Farmer shareholders account for 66 per cent of the profit pool, and unitholders in the MG Unit Trust account for 33 per cent.
The FAO Methods and Standards have used these data and the available information on waste coefficients, stock changes, and types of utilization (feed, food, processing, and other) to prepare a supply and utilization account for each commodity in units of weight.
Road underdogs have accounted for a big portion of the units won, going 162 - 113 ATS for +39 units.
Bookies aren't stupid and that's why they have Real Madrid as favourites, but that doesn't account for the spirit in the Atletico Madrid camp and their ability to perform as a unit greater than the sum of its parts.
Big seller Worldwide, sales of breast pumps are currently estimated to have reached 5.5 million units, with Europe and America accounting for 78 % of the world breast... Read More
Worldwide, sales of breast pumps are currently estimated to have reached 5.5 million units, with Europe and America accounting for 78 % of the world breast pump market.
Weighting accounted for each unit's duration of participation in the study and took into account the clustered nature of the data within the cohort study.
Other strengths of the underpinning cohort study include high participation by midwifery units and trusts in England; the minimisation of selection bias through achievement of a high response rate and absence of self selection bias because of non-consent; and the ability to compare groups that were similar in terms of identified clinical risk.12 The economic evaluation was conducted according to nationally agreed design and reporting guidelines.15 26 Collection of primary unit cost data was thorough and accounted for regional differences in care patterns.
Unit overheads were estimated through the same finance departments for all settings and covered management and administrative costs, operational costs (including heating and lighting, training, building maintenance), indirect overheads (including personnel and finance functions), and capital costs based on the new build and land requirements of NHS facilities, accounting for unit occupancy raUnit overheads were estimated through the same finance departments for all settings and covered management and administrative costs, operational costs (including heating and lighting, training, building maintenance), indirect overheads (including personnel and finance functions), and capital costs based on the new build and land requirements of NHS facilities, accounting for unit occupancy raunit occupancy rates.
The unit of analysis is the city - region, in which a complex networked dimension could account for different currently established socio - territorial structures, such as small nations (the Basque Country, Scotland and Catalonia), metropolitan cities (Dublin, Portland, Liverpool and Manchester), cross-border regions (Oresund) and small states (Iceland).
If England were included as a single unit, since it accounts for more than 80 per cent of the population, federalism might create instability worse than that which it sought to correct.
Under her leadership, numerous reforms agenda of the Federal Government had been undertaken such as the Voluntary Assets and Income Declaration Scheme (VAIDS), implementation of Treasury Single Account, implementation of Whistleblower Policy, establishment of an Efficiency Unit, establishment of Development Bank of Nigeria, launch of Asset Tracking and Management Project, and introduction Fiscal Sustainability Plans for States, among others.
The real estate blog 6sqft.com recently posted about the residential boom occurring in the Bronx: «During the first six months of 2016, the Bronx [accounted] for nearly 32 percent of all permitted units, a major jump from its 11 percent average over the past four years.»
Roughly 10 percent of those property owners account for 48 percent of the 3,265 cluster units in the city, which in turn recorded 56 percent of the 1,119 «high priority» health, fire, building and code violations at cluster sites as of September, a report by Stringer's office found.
But the work was ultimately paid for by the Senate Republicans» housekeeping account, not by its campaign committee, the Board of Elections» enforcement unit alleged in the court filing.
Dangote, whose cement unit is Nigeria's biggest listed company, has been investing in agriculture as the country's government seeks to diversify away from oil, which accounts for 90 percent of the nation's export earnings and the bulk of revenue.
The real estate blog 6sqft.com recently posted about the residential boom occurring in the Bronx: «During the first six months of 2016, the Bronx [accounted] for nearly 32 percent of all permitted units, a major jump from its -LSB-...]
«As individual units small businesses may appear to be small, but together they account for as much as 50 per cent of Nigeria's GDP and over 80 per cent of our labour force.
In the U.S. public housing accounts for less than 1 % of housing units.
Commercial work now accounts for 93 percent of the archaeological research done in the United Kingdom, and academics must take note of the data generated by contract units, says Kenneth Aitchison, head of projects and professional development at the Institute for Archaeologists, the body representing commercial archaeologists in Britain.
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