Paying Agent Definition
What is a paying agent? A paying agent – also known as a “disbursement agent” – is one who accepts…
Finance
Ripple partners with Travelex to launch enterprise crypto payment service in Brazil
XRP, the digital asset native to XRP Ledger used by Ripple's On-Demand Liquidity (ODL) service is set to be used…
Skip-Payment Mortgage
What is a skipped payment mortgage? A deferred payment mortgage is a home loan product that allows a borrower to…
Best Cheap Car Insurance Companies of September 2022
Erie is not only convenient and accessible, but it offers some of the most affordable auto insurance rates of 2022.…
Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin
According to a new post by Acala Network co-founder Bette Chen, the community has voted to burn 2.97 billion worth…
Interest Shortfall
What is an interest deficiency? An interest deficiency is the accrued interest owed that remains after a borrower has made…
What Is a Bull Market?
What is a bull market? A bull market is the condition of a financial market in which prices are rising…
Crypto.com moves forward with multimillion-dollar renovation of Staples Center following staff cuts
Despite announcing it would cut its staff by roughly 5% in June and the recent market downturn, cryptocurrency exchange Crypto.com…
Unissued Stock Definition
What is a treasury share? Unissued shares are company shares that are not circulating and have not been offered for…
Eligible Designated Beneficiary Definition
What is an eligible designated beneficiary? An eligible designated beneficiary (EDB) is a person included in a single classification of…