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Digital asset 

Digital asset is an information resource derivative of the right to a value and circulating in the distributed ledger in the form of a unique identifier.

The term takes into account the essential semantic features of the phenomenon and is characterized by four components: economic, legal, information, value.

1. Economic component in the context of the definition of the term “digital asset”. This component’s significance in the financial field is represented by a unique identifier.

2. Legal component is represented in the legal field by a derivative of the right. A digital asset is not the right to a value in its interpretation, but it has attributes of a derivative of the right to a value.
3. Information component is represented in the IT field by an information resource circulating in the distributed ledger. A digital asset has such main properties of an information resource as:

a) information is structured according to certain parameters and categories;

b) information is recorded on a digital medium;

c) information can be stored, transmitted, exchanged, used, etc. In addition, a digital asset in our understanding has an additional property – information on a value is formed by the owner of this value.
4. Value component is represented in the field of tangible and intangible assets. Digital asset is a kind of a guaranteed right to claim a certain value inherent in this digital asset. In other words, a digital asset serves as a digital display of value.
With the emergence of the distributed ledger technology, whose structure guarantees safe information storage and the possibility of asset verification, the digital asset obtained a unique property.
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Digital asset 

Digital asset is an information resource derivative of the right to a value and circulating in the distributed ledger in the form of a unique identifier.

The term takes into account the essential semantic features of the phenomenon under consideration and is characterized by four components: economic, legal, information, value.

1. Economic component is represented by a unique identifier.

2. Legal component is represented in the legal field by a derivative of the right. A digital asset is not the right to a value in its interpretation, but it has attributes of a derivative of the right to a value.
3. Information component is represented in the IT field by an information resource circulating in the distributed ledger. Information on a value presented in a digital form has such main properties of an information resource as:

a) information is structured according to certain parameters and categories;

b) information is recorded on a digital medium;

c) information can be stored, transmitted, exchanged, used, etc. In addition, a digital asset in our understanding has an additional property – information on a value is formed by the owner of this value.
4. Value component is represented in the field of tangible and intangible assets by the “value” component. Digital asset is a kind of a guaranteed right to claim a certain value inherent in this digital asset. In other words, a digital asset serves as a digital display of value.
Therefore, a digital asset is a set of digital (binary) data that are autonomous, uniquely identifiable and have a certain value.

digital asset 

Digital asset is an information resource derivative of the right to a value and circulating in the distributed ledger in the form of a unique identifier.
The term takes into account the essential semantic features of the phenomenon under consideration and is characterized by four components: economic, legal, information, value.

1. Economic component’s significance in the financial field is represented by a unique identifier.

2. Legal component is represented in the legal field by a derivative of the right. A digital asset is not the right to a value in its interpretation, but it has attributes of a derivative of the right to a value.
3. Information component is represented in the IT field by an information resource circulating in the distributed ledger. A digital asset is an information resource in the sense that the information on a value presented in a digital form has such main properties of an information resource as:

a) information is structured according to certain parameters and categories;

b) information is recorded on a digital medium;

c) information can be stored, transmitted, exchanged, used, etc. In addition, a digital asset in our understanding has an additional property – information on a value is formed by the owner of this value.
4. Value component is represented in the field of tangible and intangible assets by the “value” component. Digital asset is a kind of a guaranteed right to claim a certain value inherent in this digital asset.
In other words, a digital asset serves as a digital display of value.

Digital Transfer of assets 

The right to transfer digital assets from one person to another is digital transfer of assets.
digital assets from one person to another is digital transfer of assets

flophouse 

Any house/apartment/frat house/trailer/etc. which is used for individuals to crash (sleep, chill, hang out, lurk, etc.) for a period of time. In order to "crash", one must not actually live there (e.g. have their name on the lease, own said flophouse, etc.). Flophouses are typically used by college students, drug addicts, transients, vagrants, or other unsavory characters.

A flophouse may also be the home owned by the parents of a college student, who after being away at college, wishes to live as if he/she is still at college (e.g. staying out all night, returning just to crash at mom and dad's house, then leaving again), rather than conforming to the pre-college rules.
Example #1
Dude: (Talking to someone passed out face first on the floor of his college apartment) Hey man, who the hell are you? What do you think this is, a flophouse??

Bro: Sorry dude, I must have passed out for a minute.

Example #2
Mom: Where have you BEEN for the last three days? You come home just to sleep?? What do you think this is, a flophouse??!!

Son: What's your problem? I'm an adult now!
flophouse by J3553 November 21, 2007
Word of the Day on July 27, 2026

Hate Sink 

A person you hate intensely not because they deserve such hatred but because they serve as a focus for your general hatred. A healthy way to dispense with excess animosity.
Jake's not really that big an asshole. He just serves as my hate sink.
Word of the Day on July 26, 2026

funiosity 

The art of being peculiar, but in an amusing fashion.
"Wow, look at that dog running on three legs"
- "Yeah, that sure is a funiosity"
funiosity by Supersonic Stevie November 23, 2007
Word of the Day on July 25, 2026