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Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight. Consensus between nodes is achieved using a computationally intensive process based on proof of work, called mining, that guarantees ...
Mortgage cashback. Some mortgage lenders, particularly in the United Kingdom, give a one-off lump sum payment to new borrowers at the beginning of a mortgage. Called cashback, this lump sum is often marketed as free cash, but it is in fact funded by the mortgage interest paid by the borrower.
Better yet, you can also double dip — meaning you still earn cash back with Upside even if you’re using a credit card or rewards card that offers cash back as well.
Bank reserves are a commercial bank 's cash holdings physically held by the bank, [1] and deposits held in the bank's account with the central bank. Under the fractional-reserve banking system used in most countries, central banks may set minimum reserve requirements that mandate commercial banks under their purview to hold cash or deposits at ...
Kickback (bribery) A kickback is a form of negotiated bribery in which a commission is paid to the bribe-taker in exchange for services rendered. Generally speaking, the remuneration (money, goods, or services handed over) is negotiated ahead of time. The kickback varies from other kinds of bribes in that there is implied collusion between ...
Euro. The euro ( symbol: €; currency code: EUR) is the official currency of 20 of the 27 member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 euro cents. [6] [7]
Same as cash. In retailing, same as cash is a term used by retailers to offer things which you can buy without paying any interest, usually within 30, 60, or 90 days, and occasionally six months. It is a deferred payment on purchases. If the payment becomes overdue interest would be charged from day one at the pre specified interest rate.
John R. Cash (born J. R. Cash; February 26, 1932 – September 12, 2003) was an American country singer-songwriter. Most of Cash's music contains themes of sorrow, moral tribulation, and redemption, especially songs from the later stages of his career. [4] [5] He was known for his deep, calm, bass-baritone voice, [a] [6] the distinctive sound ...