Tag: gold

DefinitionThe Calgary Dollar is a local currency in Calgary, Alberta, Canada. While functioning as a limited form of currency within Calgary, it is not...

What is Palladium and what are its uses Palladium is a chemical element with the symbol PD and atomic number 46. It is a rare...

What is 'Paper Millionaire' An individual who has achieved a high net worth as a result of the large total market value...

DefinitionPaper Money is the second album by the American hard rock band Montrose. It was produced by Ted Templeman and is the band's final...

What is 'Vault Receipt' A document frequently used as a delivery instrument to indicate ownership of precious metals stored in a bank,...

What is 'Valuation Reserve' The funds set aside by life insurers as required by state law to compensate for declines in the...

DefinitionFiat money is a currency without intrinsic value that has been established as money, often by government regulation. Fiat money does not have use...

DefinitionIn finance, a failure to deliver is the inability of a party to deliver a tradable asset, or meet a contractual obligation. A typical...

What is 'Water Damage Clause' A clause in a property-casualty insurance contract. A water damage clause states that the insured is covered...

Willful or wanton disregard Willful or wanton conduct means the actions of one party were done with a conscious and reckless disregard for another person's...