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Tooltip Tags: money

tax haven

A state, country or territory where certain taxes are levied at a low rate or not at all. (source: http://en.wikipedia.org/wiki/Tax_haven)

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speculater

A person who makes risky investments, anticipating a major change in the future price of the asset. (source: http://www.investorwords.com/4644/speculator.html#ixzz2KF076pkn)

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speculate

To buy or sell in expectation of profiting from market fluctuations. (source: http://www.investorwords.com/15111/speculate.html)

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price

The sum or amount of money or its equivalent for which anything is bought, sold, or offered for sale. (source: http://dictionary.reference.com/browse/price)

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pay in cash

The use of banknotes and coins with legal tender status to pay purchases of goods and services.

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money laundering

Any act or attempted act to conceal or disguise the identity of illegally obtained proceeds so that they appear to have originated from legitimate sources.

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mobile money

The use of a mobile phone in order to transfer funds between banks or accounts, deposit or withdraw funds, or pay bills. This term is

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local currency

A local currency – also know as a complementary or community currency – is tender which is officially separate from the government’s currency. It can

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liquid cash

Liquid cash represents the most fluid asset a company can own. These items can include cash, demand deposits, time and savings deposits and short-term saving

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