LAWIN

Category: Financial Law

  • Money

    Any unit or instrument generally accepted as having value to effect the purchase of goods or services, or to settle debts. All money enjoys three characteristics: (1) it is a unit of account in which values can be measured; (2) it is a medium of exchange; and (3) it is a store of value (i.e.,…

  • Money

    Any unit or instrument generally accepted as having value to effect the purchase of goods or services, or to settle debts. All money enjoys three characteristics: (1) it is a unit of account in which values can be measured; (2) it is a medium of exchange; and (3) it is a store of value (i.e.,…

  • Virtual Currency

    Virtual currency is a digital representation of value that can be traded on the Internet and functions as: a medium of exchange; a unit of account; and/or a store of value, but does not have legal tender status in any jurisdiction. Virtual currency is distinguished from fiat […]

  • National Currency

    National Currency in the E-Commerce Law Fiat Currency (a.k.a. “real currency,” “real money,” or “national currency”), is the coin and paper money of a country that is designated as its legal tender; circulates; and is customarily used and accepted as a medium of exchange in the issuing […]

  • Financial Risk

    The risk borne by an exporter that his foreign customer may be unable or unwilling to pay for the merchandise purchased; the financial risk relates purely to commercial considerations and not to such "political" risks as expropriation or inconvertibility of currency….

  • Banking

    Banking Definition Banking may be defined as transactions carried on by any individual or firm engaged in providing financial services to consumers, businesses, or government enterprises. In the broadest sense, a bank is a financial intermediary that performs one or more of the following […]

  • Banking

    Banking Definition Banking may be defined as transactions carried on by any individual or firm engaged in providing financial services to consumers, businesses, or government enterprises. In the broadest sense, a bank is a financial intermediary that performs one or more of the following […]

  • Financial Crime

    Financial Crime Money laundering and terrorism financing are the two most common forms of financial crimes in developing countries. In recent years, worldwide efforts to combat these financial crimes have assumed heightened importance and gained greater visibility. These are global problems that not only threaten security, but also undermine economic prosperity by compromising the stability,…

  • Financial Crime

    Financial Crime Money laundering and terrorism financing are the two most common forms of financial crimes in developing countries. In recent years, worldwide efforts to combat these financial crimes have assumed heightened importance and gained greater visibility. These are global problems that not only threaten security, but also undermine economic prosperity by compromising the stability,…

  • Stock Exchange Law

    Stock Exchange Law Stock Exchange Law Stock exchange law is today a subdivision of capital markets or securities law. Its main objective is to strengthen public confidence in the financial markets, and it covers two regulatory areas: the organization of exchanges and the process of trading at exchanges. Main Objectives and Key Legislation Whether and…

  • Stock Exchange Law

    Stock Exchange Law Stock Exchange Law Stock exchange law is today a subdivision of capital markets or securities law. Its main objective is to strengthen public confidence in the financial markets, and it covers two regulatory areas: the organization of exchanges and the process of trading at exchanges. Main Objectives and Key Legislation Whether and…

  • Collateral

    Collateral Provider He or she is the party that is required, pursuant to the terms of the applicable credit support arrangement, to provide collateral in respect of its obligations. A Collateral Provider is refer to the transferor of collateral (under a title transfer document) or the party […]

  • Collateral

    Collateral Provider He or she is the party that is required, pursuant to the terms of the applicable credit support arrangement, to provide collateral in respect of its obligations. A Collateral Provider is refer to the transferor of collateral (under a title transfer document) or the party […]

  • Annuity

    History Annuity (from Lat. annus, a year), a periodical payment, made annually, or at more frequent intervals, either for a fixed term of years, or during the continuance of a given life, or a combination of lives. In technical language an annuity is said to be payable for an assigned […]

  • Tradable Permits

    Tradable Permits one alternative to a pollution tax is a system of tradable pollution permits. In the international negotiations over greenhouse gas reduction, the United States has advocated the implementation of a tradable permit system for carbon emissions. Such a system would work as follows: Each nation would be allocated a certain permissible level of…