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The economy of Canada is a highly developed market economy. It is the 10th largest GDP by nominal and 16th largest GDP by PPP in the world. As with other developed nations, the country's economy is dominated by the service industry which employs about three quarters of Canadians. Canada has the fourth highest total estimated value of natural resources, valued at US$33.2 trillion in 2016. It has the world's third largest proven petroleum reserves and is the fourth largest exporter of petroleum. It is also the fourth largest exporter of natural gas. Canada is considered an "energy superpower" due to its abundant natural resources and a small population of 37 million inhabitants relative to its land area.
A debit card is a plastic payment card that can be used instead of cash when making purchases. It is similar to a credit card, but unlike a credit card, the money is immediately transferred directly from the cardholder's bank account when performing any transaction.
The economy of Syria has deteriorated considerably since the beginning of the Syrian Civil War Moreover, Syria's economic history has been turbulent. In 1963, the Arab Socialist Ba'ath Party came to power, and instituted socialist policies of nationalization and land reform. In 1970, General Hafiz al-Assad took power. The restrictions on private enterprise were relaxed, but a substantial part of the economy was still under government control. By the 1980s, Syria found itself politically and economically isolated, and in the midst of a deep economic crisis. Real per capita GDP fell 22 percent between 1982 and 1989. In 1990, the Assad government instituted a series of economic reforms, although the economy remained highly regulated. The Syrian economy experienced strong growth throughout the 1990s, and into the 2000s. Syria's per capita GDP was 4,058 US dollars in 2010. There is no authoritative GDP data available after 2012, due to Syria's civil war.
The economy of the United Kingdom is highly developed and market-orientated. It is the sixth-largest national economy in the world measured by nominal gross domestic product (GDP), ninth-largest by purchasing power parity (PPP), and twenty second-largest by GDP per capita, comprising 3.3% of world GDP.
To invest is to allocate money in the expectation of some benefit in the future.
Seigniorage, also spelled seignorage or seigneurage, is the difference between the value of money and the cost to produce and distribute it. The term can be applied in two ways:
A bank account is a financial account maintained by a bank for a customer. A bank account can be a deposit account, a credit card account, a current account, or any other type of account offered by a financial institution, and represents the funds that the customer has entrusted to or borrowed from the financial institution.
A transaction account, also called a checking account, chequing account, current account, demand deposit account, or share draft account at credit unions, is a deposit account held at a bank or other financial institution. It is available to the account owner "on demand" and is available for frequent and immediate access by the account owner or to others as the account owner may direct. Access may be in a variety of ways, such as cash withdrawals, use of debit cards, cheques (checks) and electronic transfer. In economic terms, the funds held in a transaction account are regarded as liquid funds. In accounting terms they are considered as cash.
A registered retirement savings plan (RRSP), or retirement savings plan (RSP), is a type of financial account in Canada for holding savings and investment assets. RRSPs have various tax advantages compared to investing outside of tax-preferred accounts. They were introduced in 1957 to promote savings for retirement by employees and self-employed people.
A cheque, or check, is a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, known as the drawer, has a transaction banking account where their money is held. The drawer writes the various details including the monetary amount, date, and a payee on the cheque, and signs it, ordering their bank, known as the drawee, to pay that person or company the amount of money stated.
White-label automatic banking machines (ABMs) are ATMs that provide an alternative source of cash dispensing vis-à-vis traditional automatic banking machines (ABMs) from banks. White-label ABMs may be operated by an independent ATM deployer.
A credit history is a record of a borrower's responsible repayment of debts. A credit report is a record of the borrower's credit history from a number of sources, including banks, credit card companies, collection agencies, and governments. A borrower's credit score is the result of a mathematical algorithm applied to a credit report and other sources of information to predict future delinquency.
The Financial Consumer Agency of Canada (FCAC) is an independent agency of the Government of Canada that enforces consumer protection legislation, regulations and industry commitments by federally regulated financial entities. It also provides programs and information to help consumers understand their rights and responsibilities when dealing with financial institutions and promotes financial literacy.
Colel Chabad was founded in 1788 and is the oldest continuously operating charity in Israel. The institution runs a network of soup kitchens and food banks, dental and medical clinics, daycare centers, widow and orphan support, and immigrant assistance programs. It also provides interest-free loans, camp scholarships, career training and job placement, subsidized weddings for the poor, and many other social-welfare projects.
ATM usage fees are the fees that many banks and interbank networks charge for the use of their automated teller machines (ATMs). In some cases, these fees are assessed solely for non-members of the bank; in other cases, they apply to all users.
A tax-free savings account is an account available in Canada that provides tax benefits for saving. Investment income, including capital gains and dividends, earned in a TFSA is not taxed in most cases, even when withdrawn. Contributions to a TFSA are not deductible for income tax purposes, unlike contributions to a registered retirement savings plan (RRSP).
Koodo Mobile is a Canadian mobile flanker brand started by Telus in 2008 and mostly oriented toward younger customers. Koodo differs from its parent Telus by not requiring a fixed term contract. Koodo currently provides postpaid, prepaid, and wireless home phone services. Being a subsidiary of Telus, Koodo has been able to offer extensive coverage and a strong presence in mobile retailers. This allowed Koodo to gain a presence nationwide.
A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's promise to the card issuer to pay them for the amounts plus the other agreed charges. The card issuer creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance.
The cost of living in Namibia is very high. Namibia imports about 50% of its cereal requirements. Many other items used in daily life also need to be imported. High transportation costs make prices very high and unaffordable. Monopoly in some business sectors causes higher profit booking, which also results in raising of prices.
Melbourne Bike Share was a bicycle sharing system that served the central business district of Melbourne, Australia. The stations and bicycles were owned by the government and operated in a public-private partnership with RACV. Launched in 2010, the network utilized a system designed by Montreal-based PBSC Urban Solutions with 600 bicycles operating from 51 stations. Melbourne Bike Share was one of two such systems in Australia until the Victorian Government shut down the service on 30 November 2019.
References
- ↑ "Low-Cost Accounts". FCAC. 6 January 2009. Retrieved 13 March 2010.
- ↑ "Tips About Low-Cost Bank Accounts". FCAC. 11 December 2008. Retrieved 13 March 2010.