Definition: A unit of currency used in Ukraine, represented by the symbol ₴.

Example: I exchanged my dollars for hryvnias before my trip to Ukraine.

Definition: The state or quality of being a person who sells goods in a dishonest or aggressive way, often using tricks or deception.

Example: His hucksterism was evident in the way he exaggerated the benefits of his products.

Definition: Describing something that has increased in value or size to an extreme or excessive level, often due to economic conditions where prices rise rapidly.

Example: The hyperinflated currency made everyday goods unaffordable for most people.

Definition: A situation where prices rise very quickly and money loses its value at an extreme rate.

Example: The country experienced hyperinflation, causing everyday goods to become unaffordable for most people.

Definition: A legal term referring to a type of security interest in property, where a borrower pledges an asset as collateral for a loan without transferring ownership.

Example: The bank required a hypothec on the property before approving the loan.

Definition: To use property as a guarantee for a loan or debt, while still keeping ownership of that property.

Example: The bank agreed to hypothecate the house as collateral for the mortgage.

Definition: The act of using property as security for a loan, where the property remains in the borrower's possession but can be claimed by the lender if the loan is not repaid.

Example: The bank required hypothecation of the house before approving the loan.

Definition: A person who pledges something as security for a loan or borrowed money.

Example: The hypothecator provided their property as collateral for the loan.

Definition: Not easily turned into cash or lacking cash and liquid assets.

Example: Investing in illiquid assets can be risky because they cannot be quickly sold for cash.

Definition: The state in which an asset cannot be easily converted into cash or is not easily sold in the market.

Example: The company's illiquidity made it difficult for them to meet their short-term financial obligations.