Sentences with phrase «used as unit of account»

It explains that cryptocurrencies can be traded digitally and used as unit of account.

This ideal cryptocurrency would achieve the following properties of a currency, namely, be used for transactions and payments, act as an asset or store of wealth and used as a unit of account.

«A stablecoin is an asset that has price stability characteristics that make it suitable for short - term and medium - term use as a unit of account and store of value.

Not exact matches

In economics jargon: deflation is harmful when a currency is used as an an economy's unit of account.

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.»

As a unit of account, we now have virtual currencies using blockchain technology beginning to compete with government currency.

The «How to Leave Facebook» posters were handed out at stations in London and Liverpool as well as Facebook's London headquarters; they consist of a set of instructions on how to delete a Facebook account — the event was part of the «Rapid Respond Unit» project which uses artists as «correspondents» to respond to the news cycle.

Therefore, the High Court passed undertakings by which traders committed not to «create the false impression that the consumer has already won, will win or will on doing a particular act win, a prize or equivalent benefit, when in fact taking any action recommended by the [trader] in relation to claiming the prize or other equivalent benefit is subject to the consumer paying money or incurring a cost which is either: (a) a substantial proportion of the unit cost to the defendant of the provision to the consumer of the thing described as a prize or other equivalent benefit; or (b) in the case of a charge stated to be for delivery and insurance, used by the defendant to finance in whole or in part its acquisition, handling or other cost of the making available of that thing, other than the actual cost of its delivery to the consumer and insurance (if any) in transit» (account rendered by the CJEU in C - 428 / 11 at para 20, emphasis added).

While decentralised digital currencies have served as an excellent speculative asset, the same can not be said for their use as a medium of exchange, store of value or unit of account.

While some people use bitcoin or other cryptocurrencies simply because they have no other option available to them for a particular type of transaction, Peetz and Mall argue that bitcoin is not a transactional currency — mainly due to its inability to act as a reliable unit of account.

The law defines «virtual currencies» as any type of digital representation of value that is used as a medium of exchange, unit of account or store of value, and is not recognized as legal tender by the United States government.

This Blockchain network uses a unit of account called «Ether» as a means of payment for these contracts.

The bank said in its update: «These regulations do not cover «virtual currency» which is defined as any type of digital unit used as a medium of exchange, unit account, or a form of stored value.»

used as a medium of exchange, unit of account or store of value, and 2.)

The main feature of this account types is that they use cents as monetary units.

The ledger uses bitcoin as its unit of account.

The huge volatility of the price of cryptocurrencies — with respect to either traditional currencies or to a basket of goods and services — has made use of cryptocurrencies as a unit of account impractical.

Kept an account of all equipment and supplies belonging to my unit using computer software as well as a paper filing system.

SUMMARY OF QUALIFICATIONS • Over 3 years of experience working in accounting field • Competent at processing various types of accounts payable transactions using preset imaging software • Hands on experience in ensuring accurate general ledger posting and responding to vendor queries • Known for acting as back up to all accounting unit functions • Working knowledge of Microsoft Office applicatioOF QUALIFICATIONS • Over 3 years of experience working in accounting field • Competent at processing various types of accounts payable transactions using preset imaging software • Hands on experience in ensuring accurate general ledger posting and responding to vendor queries • Known for acting as back up to all accounting unit functions • Working knowledge of Microsoft Office applicatioof experience working in accounting field • Competent at processing various types of accounts payable transactions using preset imaging software • Hands on experience in ensuring accurate general ledger posting and responding to vendor queries • Known for acting as back up to all accounting unit functions • Working knowledge of Microsoft Office applicatioof accounts payable transactions using preset imaging software • Hands on experience in ensuring accurate general ledger posting and responding to vendor queries • Known for acting as back up to all accounting unit functions • Working knowledge of Microsoft Office applicatioof Microsoft Office applications

ESSENTIAL DUTIES AND RESPONSIBILITIES: Take and prioritize service orders and handle each order in an efficient and timely manner Examine and diagnose problems with air conditioning and heating units for single family homes and perform any necessary maintenance or repairs Interact on a regular basis with Leasing Agents, Maintenance Manager, Portfolio Manager and residents Repair and replace any kitchen appliances that are property of Tricon; to include refrigerators, stoves, washers, dryers, dishwashers and microwaves Perform minor to moderate - level plumbing repairs, to include; toilets, sinks and bathtubs Repair and replace light fixtures, switches, outlets and perform other minor electrical work Repair locks and make other miscellaneous repairs on assigned properties Paint properties Prepare recently vacated properties for new tenants Perform other miscellaneous duties as assigned QUALIFICATIONS: Prior Maintenance experience required Prior customer service experience required Excellent verbal and written communication skills required Ability to work well using mobile office electronic tools and have basic accounting and math skills Knowledge of Yardi preferred Skilled in heating and air conditioning unit repair and maintenance Skilled in repair and maintenance of household appliances, plumbing, and lighting fixtures Ability to work on - call and overtime hours as needed REQUIREMENTS: High school diploma or GED 2 - 4 years of prior multi / single family experience Must have professional communication skills, both verbal and written Must be able to work in environmentally and physically challenging working conditions Must be able to lift objects weighing 50 lbs or more regularly Licensed driver with insured vehicle Have own hand tools