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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

1,000,000.

finance

/ˈfīnans/

adjective noun verb

Concerned with money. Control of money a person, business has access to. To support someone or something financially.

traditional

/trəˈdiSH(ə)n(ə)l/

adjective

Involved in a custom or event common to a people.

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. moving in one side and out of other side of.

typically

/ˈtipik(ə)lē/

adverb

In a normal or usual way.

charging

/CHärj/

noun verb

Putting electricity into a battery. To give responsibility to take care of or manage.

billions

/ˈbilyən/

noun number

1000 million. thousand million.

exploiting
verb

To use something in a very effective manner.

interest

/ˈint(ə)rəst/

noun verb

Fee for borrowing money. To persuade to do, become involved with something.

promise

/ˈpräməs/

noun verb

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

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