Investopedia

Continue to Site »

Fureai Kippu

Filed Under » ,
Dictionary Says

Definition of 'Fureai Kippu'

A complementary currency system for providing elder care in Japan. The system of fureai kippu, or "caring relationship tickets," allows individuals to earn credits by caring for a local elderly or handicapped person. They can redeem those credits toward care for a non-local elderly person, such as a parent who lives far away or themselves if they get sick. The tickets can also be saved and redeemed in the future.
Investopedia Says

Investopedia explains 'Fureai Kippu'

Fureai kippu are an example of a time-dollar system. Such systems solve social problems outside of the traditional economy and can be especially helpful to people who don't have much money and/or can't participate in the traditional workforce. Also, in countries where the government provides significant levels of social services through its authority to tax, time dollar systems can theoretically reduce the tax burden.

Articles Of Interest

  1.

    The Currency Market Information Edge

    Unique features of the forex market may allow larger players to get a jump on smaller ones.

  2. Gold: The Other Currency

    Throughout history, gold has held its value against paper currencies. Learn how it can help offset market risks.

  3. The History Of Money: Currency Wars

    Find out how conflicts have changed the role money plays in our lives.

  4. Global Trade And The Currency Market

    Learn how the Bretton Woods system got the ball rolling for world trade.

  5. The Impact Of Currency Conversions

    Will a rising or falling dollar hurt you or your company?

  6. Will Quantitative Easing Be Japan's Savior?

    The quantitative easing program, recently announced by the new governor of the Bank of Japan, Haruhiko Kuroda, is for a cash infusion of $1.4 trillion by the end of 2014. Will it help the Japanese ...

  7. Retirement Savings Tips For 35- To 44-Year-Olds

    Learn how the "sandwich generation" can save for retirement while taking care of their kids and parents.

  8. A Pre-Retirement Checkup

    Are you on track to post-work bliss? We'll tell you how to find out.

  9. The True Cost Of Pharmaceutical Scandals

    "Big Pharma" has faced many scandals. Here are some of the biggest and the fines that resulted.

  10. In Retirement, Snowbirds Leave Cold Weather Behind

    Rather than shivering away their golden years, retirees can fly south to winter in sunny locales.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Validation Period

    The amount of time necessary for the premium on an insurance policy to cover the commissions, the cost of investigation, medical exams and other expenses associated with the issuance of the policy.

  2. Winner's Curse

    Because of incomplete information, emotions or any other number of factors regarding the item being auctioned, bidders can have a difficult time determining the item's intrinsic value. As a result, the largest overestimation of an item's value ends up winning the auction.

  3. Glocalization

    A combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market.

  4. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.

  5. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.

  6. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.
Trading Center