CRYPTOCURRENCY
Digital or virtual form of currency which employs cryptography for security. One distinct feature of a cryptocurrency is a certain amount of this currency is produced by the entire system, making it immune to government interference or manipulation. Given the anonymous nature of the currency, it is suitable for several nefarious activities including money laundering and tax evasion. The first cryptocurrency was Bitcoin which was launched in 2009. There are at least 15 types of cryptocurrency, with Bitcoin as the most popular.
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Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
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