Meaning of "Fintech"
It is an industry or service model that combines finance and technology to provide digital financial services such as mobile payments, money transfers, and asset management.
"The company uses fintech technology to support easy money transfers and real-time payments."
Related slang words
Average unit priceThis value represents the average entry price of assets purchased over multiple transactions; it refers to the average purchase price (average unit price), calculated by dividing the total purchase amount by the total purchase quantity.Money TreeThis is a nickname used to describe individuals (or their strategies) who generate profits by investing in disruptive innovation companies, likening them to entities that attach "money" to a "tree" to make money and help it grow.Short sellingThis is an investment strategy in which an investor, anticipating a decline in stock prices, borrows shares they do not actually own to sell them first, and then buys them back later at a lower price to return them and profit from the price difference.뚠뚠This phrase comes from the KakaoTV variety show *Ants Are Still Chugging Along Today* and refers to the act of steadily moving forward and continuing to take action and make investments, just as ants diligently march on.TaperingThis refers to the process by which a central bank, during an economic recovery, gradually reduces the scale of accommodative monetary policies such as quantitative easing (by tightening liquidity) to transition into a period of monetary tightening.Pre-marketA condition or trading method that allows investors to buy and sell stocks in a pre-market session operated by the exchange before regular trading hours begin.Retail investorsA term referring to domestic retail investors who actively bought domestic stocks to defend the market and withstand falling stock prices during the market crash caused by COVID-19, in the face of massive selling by foreign investorsBlock dealThis refers to a type of block trading in which institutions buy or sell large quantities of shares at once before the market opens or after it closes in order to avoid sharp fluctuations in market prices.