Finance & Economy

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Biden Signs Order to Study Cryptocurrency

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Vocabulary & Expressions

executive order: 행정명령 
U.S. President Joe Biden Wednesday signed an executive order requiring the government to assess the risks and benefits of cryptocurrencies.

Treasury Department: 미국 재무부
Commerce Department: 미국 상무부 
The president’s order requires the Treasury Department, the Commerce Department, and other key agencies to prepare reports…

oversight: 관리, 감독
fend off: (공격 등을) 피하다, 막아내다
Administration officials said oversight of the booming sector is essential to ensure U.S. national security, financial stability, and to fend off the growing threat of cybercrime.

a crackdown on: ~에 대한 단속 
Bitcoin surged on the news of the executive order, calming market fears of an immediate crackdown on cryptocurrencies.

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Shoppers Flock to Online Buy Now, Pay Later Programs

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Vocabulary & Expressions

outfit: 의상, 옷, 복장 
But also likes to treat himself through first class plan tickets or new outfit.

paycheck: 봉급, 월급 
You are not using your entire like say paycheck or your savings all at once.

charge interest: 이자를 청구하다
Some others may charge interest.

convert: 전환시키다
browser: (물건을 살 생각은 별로 없이 가게를) 둘러보는 사람
Websites offering these plans were able to convert a browser to a buyer.  

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Why Used Rolex Can Cost More

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Vocabulary & Expressions

boom: (경제적) 호황
Here’s why the used watch market is booming, and what Rolex is doing to get in on the action.

retail price: 소매가격
29% of collectors reported paying more than retail price for their most recent pre-owned watch…

patina: 녹청
An older model Rolex can have a patina, it can have some wear marks…

bragging rights: 자랑할 권한
There is also a bragging rights thing where if you have a Rolex from the ‘70s or the ‘80s, you’re able to say it’s from this era…

depreciate in value: 가치가 떨어지다
Back then, you could see a watch and get a return on it, but you could also sell a Rolex and it could have depreciated in value and you could lose money on it.

certified: 보증된
Rolex opened a certified pre-owned program for its used watches.

daunting: 위압적인
You’re buying a watch on the internet, it can be a little bit of a daunting experience. 

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