E-Book, Englisch, 200 Seiten, Format (B × H): 148 mm x 210 mm, Gewicht: 394 g
Beutin / Boran The Great Web 3.0 Glossary
1. Auflage 2023
ISBN: 978-3-8005-9548-8
Verlag: Fachmedien Recht und Wirtschaft in Deutscher Fachverlag GmbH
Format: EPUB
Kopierschutz: 6 - ePub Watermark
All you need to know about Blockchain, Crypto, NFT, Metaverse, Service Robots & Artifical Intelligence
E-Book, Englisch, 200 Seiten, Format (B × H): 148 mm x 210 mm, Gewicht: 394 g
Reihe: r&w/Fachmedien Recht und Wirtschaft
ISBN: 978-3-8005-9548-8
Verlag: Fachmedien Recht und Wirtschaft in Deutscher Fachverlag GmbH
Format: EPUB
Kopierschutz: 6 - ePub Watermark
Metaverse, Non-Fungible Tokens (NFTs), Cryptocurrencies, Blockchain, Artificial Intelligence (AI), Service Robots etc. are a rapidly expanding field with an ever-increasing number of terms and community-specific jargon. A new term is not always accompanied by something truly novel. In addition to verbal „pseudo-innuendos“ and „crypto-slang“ introduced with the intent of attracting attention quickly, there are several significant new developments. The issue with this development is that the risk of „Babylonian language confusion“ is growing exponentially.
Our observations indicate that this risk is particularly prevalent in the dialogue between science and practice. This book hopes to contribute to the clarification with quick access to all key terms. Obviously, many online marketplaces, platforms, encyclopedias, and glossaries already exist. However, our pre-book analysis has revealed that neither is even close to completion, sometimes with imprecise language and often with contradictory definitions and explanations.
This glossary provides quick access for managers, students, and professors alike who are faced with the topics in their daily work. Students may keep track of the web 3.0‘s numerous terms as they study it. Instructors, teachers, and professors may use it as a guide for a consistent use of Metaverse, NFT, Cryptocurrency, and Blockchain terminology. Although, the more than 1,300 explanations of the individual terms are scientifically based, the focus is on easy understanding of the terms. The authors have made an effort to provide clear and concise definitions, an application-focused perspective, and simple language.
Zielgruppe
Managers, students, professors, teachers and trainers
Autoren/Hrsg.
Weitere Infos & Material
Glossar A
AAGR, ? “Average Annual Growth Rate” AAR, ? “Average Annual Return” Abenomics, Abenomics refers to the economic policies followed by the Japanese government under the leadership of Prime Minister Shinzo Abe. In an effort to rescue Japan from deflation, integrated economic policies and structural improvements were implemented. Abenomics attempted to achieve an inflation target of 2 % in order to erase deflation and the Japanese economy’s near-stagnation since the 1990s. Shinz Abe’s stint as Japan’s prime minister was accompanied by economic policies designed to combat the country’s deflation. To stimulate the stagnant Japanese economy, he implemented Abenomics. The three essential components are monetary policies, fiscal policies, and structural adjustments or growth plans. As of December 2017, the inflation rate was below the target rate of 2 %, at 1 %. Nonetheless, the demand for high-tech goods is a positive component of the recent rise of the Japanese economy. Abnormal Return, Abnormal return refers to unusually high or low investment returns. Temporary effects may emerge from irregular fundamentals or fraudulent action on the side of the organization holding funds creating abnormal returns. Abnormal returns differ from Alpha and excess returns, which are attributed to the success of investment managers. Furthermore, Cumulative Abnormal Returns (CAR) is the total of all abnormal returns and is used to track the impact of external risks on stock prices. Calculating a positive or negative anomalous return involves subtracting actual returns from expected returns. It helps investors to analyze the performance of an asset or security over a specific period of time, especially because anomalous returns tend to be skewed over short time periods. In rare circumstances, stock prices fluctuate in reaction to a company’s team’s social media engagement. Absolute Advantage, Absolute advantage is a term in economics that represents a company’s or nation’s ability to create and deliver identical goods with less resources than its competitors. One of the greatest advantages of absolute advantage is that it may be utilized to improve the manufacturing process of any firm. For instance, if one firm has a better degree of production than another, it may create more things for the same price. The manufacturing process will be more efficient the larger the advantage. Adam Smith (1723-1790) advocated that nations should concentrate their production efforts on the categories of goods for which they have a competitive advantage. Comparative advantage is the capacity of a corporation to create an item at a lower opportunity cost. There are two key contrasts between the two: enterprises or countries with an absolute advantage are more likely to prosper than those with a comparative advantage. Absolute Return, Absolute return is a measurement of the whole rise or decrease in value of an asset given as a percentage. It assesses the investment’s total profit or loss and might be positive or negative. To compute an absolute return, just two variables are required: the current value of the asset or portfolio and its original value. The compound annual growth rate refers to the rate at which returns are compounded over time (CAGR). Although calculating an absolute return is rather simple, it is difficult to convert this number into terms relevant to other sorts of investments. A clearer picture may be acquired by comparing various asset categories that have traded across a variety of time periods. This is only the case if people consistently reinvest their business’s profits. Due to the varied time periods and return rates, it is difficult to identify which investment is the most beneficial. The solution to this issue is an annualized return that expresses the returns using an expression equal to one year. Abstract, An abstract is anything that exists as a concept in the mind, but has no physical or even tangible existence. It is also a summary of topics that are often provided in a skeleton format. An abstract is anything that may summarize or condense the key features of a bigger object or several things. The term abstract is derived from a Latin word that meaning drawn away or separated, implying that something is removed from physical or tangible reality. Accepting Risk (Acceptance), Accepting risks, also known as risk acceptance, is used when taking no action to solve an issue is the most cost-effective course of action. Risk management is the capacity to strike a balance between the costs of risk management and the costs connected with the risk itself. Credit risk, project failures, financial market volatility, accidents, legal obligations, natural disasters, and competitive threats are among the most common types of risks that firms encounter. As it is not always possible to cover all of these risks, a business must choose which risks are most essential to it and then spend funds to cover those risks. Managers may mitigate risk via the creation of rules and processes, the use of technology, and the provision of training. When the risk has already realized or when the chance is exceedingly high, however, it is essential to impose limitations on the consequences. In this instance, hedging is the most effective strategy for achieving this objective. Account, An account is the record in an accounting system that is used to monitor the financial operations of a particular asset, cost, income, equity, or obligation. All of these records may rise or decrease over the accounting period when certain occurrences occur. At the conclusion of the accounting period, each individual account is recorded in a general ledger, where it may be utilized to create the financial statements. In other words, accounts are the records or statements of financial expenditures and revenues pertaining to a certain time or objective. In the crypto community, this is known as a cryptocurrency account. It confers specific advantages and is a prerequisite for using almost every bitcoin exchange. A cryptocurrency account allows access to hot wallets, which enable to buy, sell, and trade cryptocurrencies rapidly, and it provides an identity or a method to store public keys for the aforementioned procedure. One may also get promotions through an account and it is effectively a command center, where one may adjust anything to their liking, from spending limitations to personal preferences. Account Balance, In the banking and finance business, the entire amount of money that may be removed from a bank account or crypto account is referred to as the account balance. Accounts are used by individuals, companies, and businesses alike to facilitate transactions. These accounts provide an alternative to the standard means of handling monetary transactions. There are several types of crypto and bank accounts accessible for storing and transferring assets and sending and receiving payments. The difference between all transactions debited from and credited to a ledger account is known as the account balance in accounting. These accounts may be for the company’s assets, liabilities, or even stock. Account balances are used to evaluate whether a user has adequate money to cover a transaction. The amount of available balance that may be spent is known as the available balance. The available balance of an account is computed using the account’s deposits, withdrawals, and pending transactions. Pre-authorized transfers, point-of-sale transactions, and merchant payments are examples of pending transactions. Account Number, A bank account number is a series of digits (and occasionally letters) used to identify a particular bank account and account holder. In this way, financial institutions allow consumers safe access to their accounts so they can make and receive payments. The first piece of information offered by a bank when an account is opened is a unique account number. In the past, social security numbers were issued to fulfill this function. However, the widespread usage of this has led to an upsurge in fraud and identity theft. Even though social security numbers are still in use, different account numbers are now needed for banking (and especially crypto) activities. Even though security precautions such as multi-factor authentication have helped reduce the number of fraud and theft cases over time in the modern world, bank account numbers are still at risk of being stolen and used for malicious purposes if account holders do not engage in secure online banking practices. Accountability, Accountability refers to the obligation or willingness to accept responsibility for one’s conduct. When a person takes responsibility, they commit to producing favorable outcomes. This dedication is what some refer to as taking ownership of a circumstance. When an employee assumes responsibility for a certain role within an organization, they are often obliged to meet specific standards. Higher accountability leads directly to increased employee engagement. It empowers individuals to make their own choices and undertake activities that will lead to the consequences they want. Thus, accountability is vital in a corporate context. The practice of accountability also aims to eradicate instances of workplace carelessness and insubordination. Senior management has a stronger duty to be accountable since their actions have a larger impact on the business as a whole. Therefore, top executives’ actions must be examined in a thorough way to prevent misbehavior and unexpected consequences coming from erroneous decisions. Accounting Conservatism, The Generally Accepted Accounting Principles (GAAP) tenet of conservatism does not...
