Sentences with phrase «used as a means of payment»

But the Bitcoin network's inefficiencies mean nobody is using it as a means of payment, merely speculating on its price.

It is almost impossible to use it as a means of payment.

The internal currency of the ecosystem is an ERC - 20 compliant Streamity token (STM), which will be used as a means of payment for all the services offered by the project.

Unlike the U.S., Germany will regard bitcoin as equivalent to legal tender when used as a means of payment, according to a new government document.

PARKGENE is issuing the GENE token, that will be used as a means of payment for parking.

The German authorities justified this decision by stating that all virtual currencies such as Bitcoin will be considered a legal method of payment as long as all parties involved in the transaction accept that that cryptocurrency will be used as a means of payment.

INV tokens can also be used as a means of payment for Investa's forthcoming events, such as the annual crypto summit, INV roadshow, or the mindshare forum.

You will still be able to use it as a store of wealth, sell it for local currency — or other digital currencies — based on the relevant exchange rate (s), send it to other Bitcoin wallets, and use it as a means of payment all around the world.

«So - called virtual currencies (cryptocurrencies such as Bitcoin) are considered equal to the legal means of payment, as long as these so - called virtual currencies have been accepted as alternative and contractual means of payment by the parties involved in the transaction and have no other purpose than being used as a means of payment.»

While bitcoin itself is not banned, using it as a means of payment in the country could result in a fine between 150 million to 200 million dong (~ USD8, 800).

The German Federal Ministry of Finances has decided not to tax cryptocurrencies when used as a means of payment.

Recently, Germany's Federal Ministry of Finance announced that bitcoin should not be taxed when exchanged and used as means of payment.

The survey shows many of those who are familiar with cryptocurrencies want to use them as means of payment — 44 percent.

Instead, Germany will regard bitcoin as the equivalent to legal tender for tax purposes when used as a means of payment, according to a new document.

Cryptocurrencies: as the name clearly states the purpose of these tokens is to be used as means of payment.

If it is used as a means of payment, it would be treated like a currency, converted to fiat at its fair market value as disclosed on a cryptocurrency exchange and taxed as ordinary income.

The system will have ERC20 compatible tokens created over the Ethereum protocol, and these can be used as a means of payment on UTRUST's payment gateway along with other cryptocurrencies.

Cryptocurrencies are digital currencies that can be used as a means of payment.

Winco will be used as a means of payment, which will enable the platform's customers to perform payments, and also pay the employees and suppliers of these enterprises.

The INS token is designed to facilitate promotion, loyalty and reward campaigns, and can also be used as a means of payment in the ecosystem.

The project's founder and lead developer, Jaap Terlouw, stated on their site that the fork aims to address issues of «commission and transaction speed within the Bitcoin network,» adding that currently, Bitcoin is «almost impossible to use as a means of payment.»

It «affirms that virtual currency including bitcoin is not recognized as a valid payment instrument, so it is prohibited to be used as a means of payment in Indonesia.»

Not exact matches

Moiseev and Skorobogatova reiterated the position expressed earlier by central bank head Elvira Nabiullina that cryptocurrencies should not be used nor treated as a conventional means of payment.

Russian officials have previously suggested that decentralized cryptocurrencies should not be used as a conventional means of payment and that their owners should be subjected to a value - added tax; President Vladimir Putin himself has stated that they «can not be a store of value.»

As a means of payment, the early use of monetized grain and silver was mainly to settle...

We don't know yet whether this price volatility will stop cryptocurrencies from catching on as a commonly used 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.

Offering, operating, or participating in, any marketing or sales plan or program wherein a participant gives or agrees to give a valuable consideration in return (1) for the opportunity to receive compensation in return for inducing other persons to become participants in the plan or program, or (2) for the opportunity to receive something of value when a person induced by the participant induces a new participant to give such valuable consideration, Provided, That the term «compensation,» as used in this paragraph only, does not mean any payment based on actually consummated sales of goods or services to persons who are not participants in the plan or program and who do not purchase such goods or services in order to participate in the plan or program.

However, if you don't have a credit card, you can use your check as a means of payment.

As a means of payment, the early use of monetized grain and silver was mainly to settle such debts.

So, that is, accepting the digital currency today is completely legal; this means MonaCoin and other cryptos can be used as a medium of payment in businesses, stores, or restaurants.

For the intrepid traveler, using bitcoin as a means of payment while traveling abroad is a great way to connect with local bitcoin communities and also potentially save on transaction fees.

We will make the reimbursement using the same means of payment as you used for the initial transaction, unless you have expressly agreed otherwise; in any event, you will not incur any fees as a result of the reimbursement.

The term «donor human milk» is widely interpreted as meaning milk provided to milk banks irrespective of whether payment has been provided even though by definition the use of the word «donor» assumes that the milk is a gift from the mother.

In a recent study, researchers found that heavy use of a restaurant technology — such as electronic menu ordering, online reservations or electronic payment methods — doesn't mean the customer holds the technology in high value.

Upon dissolution or winding up of said corporation's affairs, whether voluntary or involuntary, all of its assets then remaining in the hands of the board of directors shall, after paying or making provision for payment of all of said corporation's liabilities, be distributed, transferred, conveyed, delivered, and paid over only to educational, scientific, literary, or charitable organizations that are exempt from federal income tax under section 501 (c)(3) of the Internal Revenue Code of 1986, as amended, and which are not private foundations within the meaning of section 509 (a) of the Internal Revenue Code of 1986, as amended, on whatever terms and conditions and in whatever amounts the board of directors may determine, for use exclusively for educational, scientific, literary, or charitable purposes, except that no distribution shall be made to organizations testing for public safety.

After studying this chapter, you will be able to: Explain the basic nature of a joint stock company as a form of business organisation and the various kinds of companies based on liability of their members Describe the types of shares issued by a company Explain the accounting treatment of shares issued at par, at premium and at discount including oversubsription Outline the accounting for forfeiture of shares and reissue of forfeited shares under varying situations Workout the amounts to be transferred to capital reserve when forfeited shares are reissued; and prepare share forfeited account State the meaning of debenture and explain the difference between debentures and shares Describe various types of debentures; Record the journal entries for the issue of debentures at par, at a discount and at premium Explain the concept of debentures issued for consideration other than cash and the accounting thereof Explain the concept of issue of debentures as a collateral security and the accounting thereof Show the items relating to issue of debentures in company's balance sheet Describe the methods of writing - off discount / loss on issue of debentures Explain the methods of redemption of debentures and the accounting thereof Explain the concept of sinking fund, its use for redemption of debentures and the accounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Fundmeaning of debenture and explain the difference between debentures and shares Describe various types of debentures; Record the journal entries for the issue of debentures at par, at a discount and at premium Explain the concept of debentures issued for consideration other than cash and the accounting thereof Explain the concept of issue of debentures as a collateral security and the accounting thereof Show the items relating to issue of debentures in company's balance sheet Describe the methods of writing - off discount / loss on issue of debentures Explain the methods of redemption of debentures and the accounting thereof Explain the concept of sinking fund, its use for redemption of debentures and the accounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking FundMeaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Fund Method

Included in the PowerPoint: Government Microeconomic Intervention (AS Level) a) Maximum and Minimum Prices - meaning and effect on the market b) Taxes (direct and indirect)- impact and incidence of taxes - specific and ad valorem taxes - average and marginal rates of taxation - proportional, progressive and regressive taxes - the Canons of Taxation c) Subsidies - impact and incidence of subsidies d) Transfer Payments - meaning and effect on the market e) Direct Provision of goods and Services - meaning and effect on the market f) Nationalisation and Privatisation - meaning and effect on the market This PowerPoint is best used when using worksheets and activities to help reinforce the ideas talked about.

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.

For a district qualifying under this paragraph whose charter school tuition payments exceed 9 per cent of the school district's net school spending, the board shall only approve an application for the establishment of a commonwealth charter school if an applicant, or a provider with which an applicant proposes to contract, has a record of operating at least 1 school or similar program that demonstrates academic success and organizational viability and serves student populations similar to those the proposed school seeks to serve, from the following categories of students, those: (i) eligible for free lunch; (ii) eligible for reduced price lunch; (iii) that require special education; (iv) limited English - proficient of similar language proficiency level as measured by the Massachusetts English Proficiency Assessment examination; (v) sub-proficient, which shall mean students who have scored in the «needs improvement», «warning» or «failing» categories on the mathematics or English language arts exams of the Massachusetts Comprehensive Assessment System for 2 of the past 3 years or as defined by the department using a similar measurement; (vi) who are designated as at risk of dropping out of school based on predictors determined by the department; (vii) who have dropped out of school; or (viii) other at - risk students who should be targeted to eliminate achievement gaps among different groups of students.

The term «Federal share» means 80 per centum, except that it shall mean 90 per centum for the purposes of part C of title I of this ACT and as specifically set forth in section 301 (b)(3): Provided, That with respect to * payments pursuant to part B of title I of this ACT to any State which are used * to meet the costs of construction of those REHABILITATION facilities identified in section 103 (b)(2) in such State, the Federal share shall be the percentages determined in accordance with the provisions of section 301 (b)(3) applicable with respect to that State and that, for the purpose of determining the non - Federal share with respect to any State, expenditures by a political subdivision thereof or by a local agency shall, subject to such limitations and conditions as the Secretary shall by regulation prescribe, be regarded as expenditures by such State.

Whilst the current potential uses for integrated NFV are currently fairly limited, in the very near future this technology is expected to explode with handsets replacing the likes of bank and travel cards as a contactless means of low value payment.

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.

However, if you don't have a credit card, you can use your check as a means of payment.

Sorry I mean't to add one other thought, if the card holder is carrying a high balance and their interest rates increase like the banks have been raising in recent months, this could backfire on the banks themselves, I mean since the banks give a 45 notification of the increase and the consumer is already maxed out and can barely make the payments as it is, the increased interest rates because of how the congress requires at least all the monthly interest and some of the principle to be paid on the cards, done so that consumers could reduce the amount of time to illiminate their debts, this may spawn many card holders whoms payments will increase much like those adjustable rate mortgages that people walked away from to go wild with their remaining balances on the card and then default, the whole irony is that the consumer may very well use the card thats damaging them to pay for bankruptcy proceedings lol!

The combination of these two features means that you can use this card for nearly two years without paying any sort of fee or interest as long as you make your payment on time each month.

As used in this chapter, «extension of credit» means the right to: (1) defer payment of debt offered or granted primarily for personal, family, or household purposes; (2) incur debt and defer payment of the debt offered or granted primarily for personal, family, or household purposes; or (3) delay or avoid foreclosure on a buyer's residence.

You can use the cash value, or savings portion, as collateral; you can withdraw or borrowed against it, and you also have the option of buying the policy at a» surrender value,» which means you can cancel the policy for a single cash payment.

As a means for their customers to continue to have free reign over their vehicles, LoanMart uses the title as collateral, becoming the lien holder for the duration of the loan's payment perioAs a means for their customers to continue to have free reign over their vehicles, LoanMart uses the title as collateral, becoming the lien holder for the duration of the loan's payment perioas collateral, becoming the lien holder for the duration of the loan's payment period.

Pay — Pal is used as the means of making the payments and after you have paid, an download facility is provide to you instantly and after this you will be facilitated by unlocking the iphone easily.