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Terminology


Understanding the terminology displayed on this page will hopefully provide a greater insight into the use of the Alpha eMarket and Alpha ePay and the Alpha Program. 

Alternative Currencies
 means a medium of exchange other that fiat. There are two primary forms of alternative currencies, tangible and digital. Tangible refers to such things as gift cards, scrip and vouchers redeemable for goods and or services. Also cigarettes, precious metals , gem stones, vehicles and other physical commodities. Digital refers to centralised and decentralized currencies. Centralised digital currencies include loyalty dollars/points such as Flybuys and complementary currency systems such as Bartercard where the governance structure is centralised. Decentralised includes the crypto style currencies such as Bitcoin and Litecoin. Learn More 
 
Alpha Global means Alpha Global IP Pty Ltd the entity that owns all the intellectual property of Alpha ePay

Alpha ePay
means the Alpha ePay transaction processing platform, its members, Alpha dollar currency and the system and procedures that enable members to transaction between each other through a uniform method of payments in order to achieve mutual economic benefits

Alpha Management
means Alpha Group Management Pty Ltd the entity that holds an exclusive licence to commercialise Alpha ePay and the Alpha eMarket. 

Global eMarkets
means Global eMarkets IP Pty Ltd the entity than owns all the intellectual property of the Alpha eMarket.

Alpha eMarket means the platform that enables businesses and individuals to create and search the Alpha eMarket listings

Alpha Community means members of the Alpha eMarket and Alpha ePay that create and or search the Alpha dollars accepted and Alpha dollars rewarded listings in the Alpha eMarket.

Alpha Community Manager means Alpha Management or its permitted successor.

Alpha Customer Loyalty Program means those Alpha ePay member businesses who promote to pay Alpha silver dollars as a reward for purchases and the Alpha ePay members who accept those dollars as a reward. (“Alpha Program”)

Alpha eMarket Manager means the Alpha eMarkets Pty Ltd or its permitted successor/s

Alpha eMarkets Community means members of the Alpha eMarket that do not subscribe to Alpha ePay

Alpha Economic Model means the systems and procedures used by members of Alpha ePay to create listings in the Alpha eMarket offering to accept Alpha dollars towards payment and or pay Alpha silver dollars to Alpha ePay member buyers in order for both parties to derive economic benefits.

Alpha dollars means collectively, Alpha gold dollars, Alpha silver dollars and Alpha reward dollars (A$)

Alpha gold dollars means the currency that is housed in the Alpha ePay Gold Accounts and is paid and accepted on a 100% payment basis (Ag$)

Alpha silver dollars means the currency that is housed in Alpha ePay Silver Accounts and is paid by businesses as a reward and or accepted by members on a 20% - 100% Alpha silver dollar payment basis with any shortfall payable in cash (As$)

Alpha reward dollars means the currency that is purchased by business with cash or Alpha silver dollars.(Ar$)

Alpha silver dollar credit lines means the amount of Alpha silver dollars extended to Alpha ePay members that must be turned over in sales or rewards each month.

Alpha gold dollar loans means the amount of Alpha gold dollars extended to members that must be repaid in agreed Alpha gold dollar monthly repayments over an agreed time frame.

Alpha rewards means Alpha silver dollars

Alpha Affiliate means business, individuals and not for profits who promotes participation in the Alpha eMarkets and Alpha ePay using tools and strategies approved by the Alpha Community Manager.

Strategist means the independent contractor who posts listings in the Alpha eMarket for their clients promoting their haves and or wants.

Cash means any method of payment that once accepted can be deposited into a bank. ("Fiat")

Alternative Currency Based Payment Platforms means

Added Value Based Payment Platforms means

Commodities means products, services, real estate, vehicles, watercraft, scrip, vouchers etc.

Effective Demand means the level of demand that represents a real intention to purchase by people with the means to pay.

Mutual Credit System means the form of money in which users pay each other using a system of debits and credits. 

Fixed Costs means the cost that does not register a change with an increase or decrease in the quantity of goods produced by a business.

Fiscal Policy means governments use of spending and taxation to influence the economy. Governments typically use fiscal policy to promote strong and sustainable growth and reduce poverty.

Monetary Policy means the process by which the Reserve Bank of Australia (RBA) influences the economy through the management of interest rates and the money supply.

Variable Costs means the type of cost that will show variations as per the changes in the levels to production, output or sales.

Fiat Based
means payment methods such as notes and coins, Mastercard, Visa and AMEX 

Complementary Currency based means payment methods transacted through a mutual credit system.

Crypto to fiat based means when payment is accepted in cryptocurrency such as Bitcoin, and Ethereum, converted to fiat and deposited into the sellers bank account by a third party processor at the time the sale is transacted.

Crypto based means when payment is accepted in cryptocurrency such as Bitcoin, and Ethereum and deposited in the sellers wallet.

Economic Moat
is a metaphor that refers to businesses being able to maintain an advantage over their competitors in order to preserve market share and profits. Any method that a company uses to maintain a competitive edge can be considered an economic moat.

Passive Income means income generated from a project that requires little effort to run. Most often, passive income costs time and money to set up.

Ideology means a system of ideas and ideals, that forms the basis of economic or political policy.

Freemium Model means is a business model in which a company offers basic or limited features to users at no cost and then charges a premium for supplemental or advanced features