virtual funds


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virtual funds

Simulated money. Applications that simulate investing and trading in the financial markets use virtual funds instead of real money. Electronic Monopoly-like board games also use virtual funds. See Bitcoin.
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Students can spend the virtual funds they accumulate on the eCares campaigns.
Those virtual funds are then used to pay for health insurance premiums--which cost between $500 and $1,000 month--as long as the retiree remains on the university's health insurance program.
All contestants will start with USD 5,000 of virtual funds in their trading accounts and with a leverage of 1:100.

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