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What is DeFi, and could it upend finance as we know it?

60,621 views

CNBC International

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (UK)

Speech Time:

92%
  • 8:41 / 9:25

Speech Rate:

  • 167 wpm - Fast

Category:

  • News & Politics

Tags :

Intro:

Video Vocabulary

millions

/ˈmilyən/

number

1,000,000s.

finance

/ˈfīnans/

adjective noun verb

Concerned with money. management of large amounts of money. To support someone or something financially.

traditional

/trəˈdiSH(ə)n(ə)l/

adjective

existing in or as part of tradition.

savings

/ˈsāviNG/

noun other

economy of or reduction in money, time. Money people keeps as a reserve.

products

/ˈprädəkt/

noun other

manufactured article or substance. Items that can be bought.

riddled

/ˈridl/

adjective verb

Infested with; full of (insects, mistakes etc.). speak in or pose riddles.

required

/rəˈkwī(ə)rd/

adjective verb

officially compulsory, or otherwise considered essential. To need something, to make it necessary.

through

/THro͞o/

adjective adverb preposition

From one end or side of something to the other. From the beginning of something until the end. Over, in, across an entire thing or place.

typically

/ˈtipik(ə)lē/

adverb

in most cases.

charging

/CHärj/

noun verb

Putting electricity into a battery. To ask for money as a price for a service or goods.

billions

/ˈbilyən/

noun number

1000 million. thousand million.

exploiting
verb

To selfishly take advantage of or treat badly.

interest

/ˈint(ə)rəst/

noun verb

Activity or subject one enjoys doing or learning. To make someone want to know about something.

promise

/ˈpräməs/

noun verb

assurance that one will do something. To say you will certainly do something.

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