Bitcoin and Liquidity: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Add links.)
 
imported>Doug Williamson
(Amend link.)
 
Line 1: Line 1:
(BTC).
1.  


Bitcoin is a digital currency that is created, and effectively administered without recourse to a central bank or other central authority.
An asset's ability to be turned into cash quickly and without significant loss compared with current market value.


It was launched in 2009.


2.


Bitcoin is sometimes abbreviated to 'BC', rather than BTC.
An entity’s ability to pay its obligations when they fall due, especially in the short term.




:<span style="color:#4B0082">'''''Environmental costs & macroeconomic instability'''''</span>
3.


:"From 7 September 2021 bitcoin [became] legal tender in El Salvador despite warnings from the IMF and the World Bank citing the potential impact on macroeconomic stability and bitcoin’s environmental costs."
An entity's ability to source additional funds to meet its obligations, including in the medium and longer term.


:''Association of Corporate Treasurers - Update on the Payments landscape - September 2021.''


4.


==See also==
A financial measure designed to quantify an entity's ability to meet its obligations when they fall due.
*[[Altcoin]]
   
*[[Bit]]
* For non-financial organisations, simple measures of liquidity include the ''current ratio'' and the ''quick ratio''.
*[[Blockchain]]
* For banks and other financial institutions, liquidity measures include those which identify how long the bank could survive if wholesale funds were to dry up and retail funding was heavily stressed. This period is known as the ''survival period''.
*[[Britcoin]]
*[[Cryptoassets]]
*[[Cryptocurrency]]
* [[Digital currency]]
* [[ekrona]]
*[[Environmental concerns]]
*[[Ethereum]]
*[[International Monetary Fund]] (IMF)
*[[Layer 1 network]]
*[[Macroeconomics]]
*[[World Bank]]




===Other links===
== See also ==
*[http://www.chicagofed.org/digital_assets/publications/chicago_fed_letter/2013/cfldecember2013_317.pdf?goback=%2Egde_1799642_member_5805378057078321153#%21 Bitcoin: a primer,  Chicago Fed Dec 2013]
* [[Authorisation]]
* [https://www.bankofengland.co.uk/research/digital-currencies Bank of England - Digital currencies]
* [[Authority limits]]
* [[Cash and cash equivalents]]
* [[Cash forecasting]]
* [[Cash pool]]
* [[Current ratio]]
* [[Deep market]]
* [[Funding]]
* [[Headroom target]]
* [[Illiquid]]
* [[Liquidate]]
* [[Liquidation]]
* [[Liquidity buffer]]
* [[Liquidity Coverage Ratio]]
* [[Liquidity preference]]
* [[Liquidity management]]
* [[Liquidity premium]]
* [[Liquidity risk]]
* [[Money management]]
* [[Net Stable Funding Ratio]]
* [[Quick ratio]]
* [[Run]]
* [[Security]]
* [[Solvency]]
* [[Stress]]
* [[Supply chain finance]]
* [[Survival period]]
* [[CertICM]]
* [[Yield]]


[[Category:The_business_context]]
 
=== Other resources ===
*[[Media:2015_06_June_-_Safety_first.pdf| Safety first, The Treasurer, 2015]]
 
[[Category:Liquidity_management]]

Revision as of 11:53, 17 November 2016

1.

An asset's ability to be turned into cash quickly and without significant loss compared with current market value.


2.

An entity’s ability to pay its obligations when they fall due, especially in the short term.


3.

An entity's ability to source additional funds to meet its obligations, including in the medium and longer term.


4.

A financial measure designed to quantify an entity's ability to meet its obligations when they fall due.

  • For non-financial organisations, simple measures of liquidity include the current ratio and the quick ratio.
  • For banks and other financial institutions, liquidity measures include those which identify how long the bank could survive if wholesale funds were to dry up and retail funding was heavily stressed. This period is known as the survival period.


See also


Other resources