Central bank digital currency and Lease: Difference between pages

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imported>Doug Williamson
(Create page. Sources: linked pages, Bank of England https://www.bankofengland.co.uk/research/digital-currencies)
 
imported>Doug Williamson
(Categorise page and amend links narratives and ordering.)
 
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(CBDC).
A contract whereby the owner of an asset (the lessor) offers rights to use the asset to another party (the lessee) for a certain period.  
 
Digital currency issued and administered by a central bank.
In return the lessee makes payments of pre-determined amounts to the lessor.
 
 
:<span style="color:#4B0082">'''''Bank of England considering CBDC'''''</span>
 
:"A Central Bank Digital Currency (CBDC) [in the UK] would allow households and businesses to directly make electronic payments using money issued by the Bank of England.
 
:We have not yet made a decision on whether to introduce CBDC.
 
:The Bank [of England] provides physical money in the form of banknotes, which can be used by households and businesses to make payments.
 
:We also provide electronic money, but this can only be used by banks and selected financial institutions.
 
 
:A Central Bank Digital Currency would make electronic money, issued by the Bank of England, available to all households and businesses.
 
:This would allow everyone to make electronic payments in central bank money.
 
:... CBDC is sometimes thought of as equivalent to a digital banknote, although in some respects it may have as much in common with a bank deposit.
 
:Any CBDC would be introduced alongside – rather than replacing – cash and bank deposits."
 
:''Bank of England - April 2020.''




== See also ==
== See also ==
* [[Account]]
* [[Assets]]
* [[Altcoin]]
* [[Contract]]
* [[Bank of England]]
* [[Finance lease]]
* [[Bitcoin]]
* [[Lessee]]
* [[Blockchain]]
* [[Lessor]]
* [[Central bank]]
* [[Operating lease]]
* [[Crypto-assets]]
* [[Sale and leaseback]]
* [[Cryptocurrency]]
* [[Cryptography]]
* [[Currency]]
* [[Deposit]]
* [[Digital currency]]
* [[Distributed ledger]]
* [[e-money]]
* [[Ether]]
* [[Fiat currency]]
* [[Gold standard]]
* [[Libra]]
* [[Money]]
* [[Ripple]]
 


===External links===
[https://www.bankofengland.co.uk/research/digital-currencies Central bank digital currencies - Bank of England]


[https://www.bankofengland.co.uk/-/media/boe/files/digital-currencies/the-economics-of-digital-currencies.pdf?la=en&hash=BE28BE59F18E79CCE705643CF14F36DF8897E56D The economics of digital currencies - Bank of England]
==Other links==
*[http://www.treasurers.org/node/5745 Leasing, Will Spinney, ACT 2010]
*[http://www.treasurers.org/node/8924 Students: A lesson on leases, The Treasurer, April 2013]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Capital_Markets_and_Funding]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Technology]]

Revision as of 06:06, 4 October 2013

A contract whereby the owner of an asset (the lessor) offers rights to use the asset to another party (the lessee) for a certain period.

In return the lessee makes payments of pre-determined amounts to the lessor.


See also


Other links