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  2. Slang terms for money - Wikipedia

    en.wikipedia.org/wiki/Slang_terms_for_money

    A bit is an antiquated term equal to one eighth of a dollar or 12 + 12 cents, after the Spanish 8-Real "piece of eight" coin on which the U.S. dollar was initially based. So "two bits" is twenty-five cents; similarly, "four bits" is fifty cents. More rare are "six bits" (75 cents) and "eight bits" meaning a dollar.

  3. Krugerrand - Wikipedia

    en.wikipedia.org/wiki/Krugerrand

    The legend is inscribed with "KRUGERRAND" and the gold weight. The Krugerrand ( / ˈkruːɡərænd /; [ 1] Afrikaans: [ˈkry.ərˌrant]) is a South African coin, first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint. [ 2][ 3] The name is a compound of Paul Kruger, the former ...

  4. South African rand - Wikipedia

    en.wikipedia.org/wiki/South_African_rand

    The 1978 series began with denominations of 2, 5, 10, and 20 rand, with a 50 rand introduced in 1984. This series had only one language variant for each denomination of note. Afrikaans was the first language on the 2, 10, and 50 rand, while English was the first on the 5 and 20 rand. A coin replaced the 1 rand note.

  5. Vigorish - Wikipedia

    en.wikipedia.org/wiki/Vigorish

    For example, 1. 90 /2.00 pricing of an even match is 4.55% vigorish, and 1.95/1.95 pricing is 2.38% vigorish. Vigorish percentage for three-way events may be calculated using the following formula: [6] = / + / + / / + / + / where p, q and t are the decimal payouts for each outcome. For comparison, for over round calculation only the upper part ...

  6. Relative change - Wikipedia

    en.wikipedia.org/wiki/Relative_change

    In any quantitative science, the terms relative change and relative difference are used to compare two quantities while taking into account the "sizes" of the things being compared, i.e. dividing by a standard or reference or starting value. [ 1 ] The comparison is expressed as a ratio and is a unitless number.

  7. RAND Corporation - Wikipedia

    en.wikipedia.org/wiki/RAND_Corporation

    The RAND Corporation is an American nonprofit global policy think tank, [ 1] research institute, and public sector consulting firm. RAND Corporation engages in research and development (R&D) in a number of fields and industries. Since the 1950s, RAND research has helped inform United States policy decisions on a wide variety of issues ...

  8. Palindromic number - Wikipedia

    en.wikipedia.org/wiki/Palindromic_number

    A number that is non-palindromic in all bases b in the range 2 ≤ b ≤ n − 2 can be called a strictly non-palindromic number. For example, the number 6 is written as "110" in base 2, "20" in base 3, and "12" in base 4, none of which are palindromes. All strictly non-palindromic numbers larger than 6 are prime.

  9. Economy of South Africa - Wikipedia

    en.wikipedia.org/wiki/Economy_of_South_Africa

    The economy of South Africa is a mixed economy, emerging market, and upper-middle-income economy, one of only eight such countries in Africa. [ 26][ 27][ 28] The economy is the most industrialised, technologically advanced, and diversified in Africa. [ 29] Following 1996, at the end of over twelve years of international sanctions, South Africa ...