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Vocabulary finance

TermDefinition
liquid able to be changed into money easily
short-term debt financial obligations that are expected to be paid off within a year
volatile likely to change rapidly and unpredictably
asset a valuable resource such as property, stocks, or cash
fluctuation a situation in which prices, levels or interest rates go up and down
token a digital or physical object that represents a particular value
controversial causing disagreement or debate
to trade to exchange goods or services
to peg to fix the value of something in relation to a particular currency or standard
fiat currency a government-issued currency not backed by gold or silver
to redeem to exchange something for its cash value or the item it represents
collateral money or property that is used as a guarantee
purported stated to be true
scrutiny careful and detailed examination
market value the price an asset gets in a marketplace
supply amount available for use
Created by: caddyny
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