9
votes
2answers
414 views

Is there a country that uses the term “dollar” for currency without also using “cents” as fractional monetary units?

I'm wondering if there exists a country that uses the specific name "dollar" for their currency, without also using the concept where 1/100 of one dollar is called a "cent". Does such a currency ...
7
votes
4answers
235 views

What is a subsidy?

I hear the words 'subsidy' and 'subsidize' sometimes. I've looked around for an answer as to what a subsidy is, but all I can find is convoluted finance jargon that means nothing to me (an average 16 ...
3
votes
2answers
278 views

Interactive Brokers: IOPTS and list of structured products

As below, Interactive Brokers lets me trade "IOPTS". What are these? They also let me trade "Structured Products". I know what these are, and even know what an ISIN is ...