Search results for: “federal reserve”
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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 […]
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Bank
Resources See Also Credit Union Cooperative Collective Resources See Also Banking Banc Resources See Also Teller Resources See Also Pass-book Resources See Also National bank Resources See Also Mutual savings bank Savings and loan association. Compare Commercial bank […]
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Bank
Resources See Also Credit Union Cooperative Collective Resources See Also Banking Banc Resources See Also Teller Resources See Also Pass-book Resources See Also National bank Resources See Also Mutual savings bank Savings and loan association. Compare Commercial bank […]
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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 […]
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Central Bank
The principal monetary authority of a nation. In most commercially developed nations the central bank issues the currency and acts as banker for the government and the nation's commercial banks. By setting the rate at which it will lend money to commercial banks, the central bank […]
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Central Bank
The principal monetary authority of a nation. In most commercially developed nations the central bank issues the currency and acts as banker for the government and the nation's commercial banks. By setting the rate at which it will lend money to commercial banks, the central bank […]
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Dictionary of Essential Legal Terms
The Dictionary of Essential Legal Terms Details of The Dictionary of Essential Legal Terms Author: Amy Hackney Blackwell Date of publishing: 2008 Publisher: Sphinx Publishing, An imprint of Sourcebooks, Inc, Naperville, Illinois 60567-4410, United States Contents of The Dictionary of Essential Legal Terms Abandon Abatable Nuisance Abate Abatement of a Legacy Abatement of Taxes Abdicate…
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Sovereign Debt
This section provides an overview of sovereign debt within the legal context of Combating Poverty in international economic law (Cross-Cutting Challenges). Resources Further Reading Giuseppe Bianco, "Sovereign Debt," Elgar Encyclopedia of International Economic Law, Cheltenham Glos […]
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Asset Forfeiture
Asset Forfeiture International Efforts The Financial Action Task Force (FATF), formed by the G-7 Economic Summit in 1989, is dedicated to promoting anti-money laundering controls around the world. France, Germany and the United States are, among others, founding members who are major proponent of this effort. All members of the Financial Action Task Force have…
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Discovery to Aid in Execution
Discovery to Aid in Execution Under the FSIA in 2013 United States views on international law [1] in relation to Discovery to Aid in Execution Under the Fsia: (1) Discovery regarding central bank accounts Section 1611(b)(1) of the FSIA provides: Notwithstanding the provisions of section […]
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Discovery to Aid in Execution
Discovery to Aid in Execution Under the FSIA in 2013 United States views on international law [1] in relation to Discovery to Aid in Execution Under the Fsia: (1) Discovery regarding central bank accounts Section 1611(b)(1) of the FSIA provides: Notwithstanding the provisions of section […]
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Bitcoin
Bitcoin in the E-Commerce Law Bitcoin, launched in 2009, was the first decentralized convertible virtual currency and the first cryptocurrency. Bitcoins are mathematical tokens composed of unique strings of numbers and letters that constitute units of the currency and are oftentimes traded […]
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Bill
Bill, in the political process, a proposed law placed before a legislative body for examination, debate, and enactment. Once enacted, a bill becomes a law. Because making laws is the primary function of the U.S. Congress, as stated in the Constitution, the introduction and processing of bills […]