Offshore account

A bank account that is registered in a country other than the one in which the owner was born is called an offshore account.

Altcoin

Altcoin is the term given to describe alternative digital assets, such as a coin or token that is not Bitcoin. This nomenclature comes from the idea that Bitcoin is the original cryptocurrency and that all others are then considered “alternate” or “alternative” coins.

Utility Token

Tokens that are designed specifically to be able to help people use something.

Ad Hoc

a Latin expression that means "for this purpose" or "specifically for this" in contemporary English.