Virgin Money

Virgin Money is a financial services brand used by three independent brand-licensees worldwide. Virgin Money branded services are current available in Australia, South Africa and the United Kingdom. Virgin Money branded services were formerly offered in the United States.

Each Virgin Money branded entity acts independently from the others, thus the products vary from country to country.

Current brand licensees

Virgin Money Australia

Virgin Money currently has operations in Australia with 150,000 customers.

Virgin Money South Africa

Virgin Money currently has operations in South Africa. In 2006, Virgin Money South Africa launched with a credit card initially in a partnership with ABSA worth $33 million.

Virgin Money UK

Virgin Money currently has operations in the United Kingdom with 4 million customers. The company was initially established as a personal finance company under the name of Virgin Direct in 1995, and the Virgin Money brand itself was introduced in 2000. Virgin Money rapidly expanded as a bank in 2012 with the purchase of the nationalised bank Northern Rock.

Virginity

Virginity is the state of a person who has never engaged in sexual intercourse. There are cultural and religious traditions which place special value and significance on this state, predominantly towards unmarried females, associated with notions of personal purity, honor and worth.

Like chastity, the concept of virginity has traditionally involved sexual abstinence. The concept of virginity usually involves moral or religious issues and can have consequences in terms of social status and in interpersonal relationships. Although virginity has social implications and had significant legal implications in some societies in the past, it has no legal consequences in most societies today.

The term virgin originally only referred to sexually inexperienced women, but has evolved to encompass a range of definitions, as found in traditional, modern, and ethical concepts.Heterosexual individuals may or may not consider loss of virginity to occur only through penile-vaginal penetration, while people of other sexual orientations often include oral sex, anal sex or mutual masturbation in their definitions of losing one's virginity.

Money

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context, or is easily converted to such a form. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, sometimes, a standard of deferred payment. Any item or verifiable record that fulfills these functions can be considered money.

Money is historically an emergent market phenomenon establishing a commodity money, but nearly all contemporary money systems are based on fiat money. Fiat money, like any check or note of debt, is without use value as a physical commodity. It derives its value by being declared by a government to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private". Such laws in practice cause fiat money to acquire the value of any of the goods and services that it may be traded for within the nation that issues it.

Richard Branson

Sir Richard Charles Nicholas Branson (born 18 July 1950) is an English business magnate, investor, and philanthropist. He is best known as the founder of Virgin Group, which comprises more than 400 companies.

Branson expressed his desire to become an entrepreneur at a young age. At the age of sixteen his first business venture was a magazine called Student. In 1970, he set up a mail-order record business. In 1972, he opened a chain of record stores, Virgin Records, later known as Virgin Megastores. Branson's Virgin brand grew rapidly during the 1980s, as he set up Virgin Atlantic and expanded the Virgin Records music label.

In March 2000, Branson was knighted at Buckingham Palace for "services to entrepreneurship". In July 2015, Forbes listed Branson's estimated net worth at US $5.2 billion.

Early life

Branson was born in Blackheath, London, the eldest of three children of Eve Branson (née Evette Huntley Flindt; born 1924), a former ballet dancer and air hostess, and Edward James Branson (1918–2011), a barrister. Branson has two younger sisters. His grandfather, the Right Honourable Sir George Arthur Harwin Branson, was a judge of the High Court of Justice and a Privy Councillor. Branson was educated at Scaitcliffe School, a prep school in Berkshire, before briefly attending Cliff View House School in Sussex. His third great-grandfather, John Edward Branson, left England for India in 1793. His father, Harry Wilkins Branson, later joined him in Madras. Through intermarriage, Branson is 3.9% Indian and 1.7% Turkish. Branson attended Stowe School, an independent school in Buckinghamshire until the age of sixteen. Branson has dyslexia and had poor academic performance as a student, and on his last day at school, his headmaster, Robert Drayson, told him he would either end up in prison or become a millionaire. Branson's parents were supportive of his endeavours from an early age.

The Virgin

The Virgin may refer to: