What does revert mean?
A revert means that the transaction to your exchange is canceled. This is usually done when the crypto exchange loses connection to the crypto wallet. The exchange will then cancel the pending transaction and credit you with the appropriate amount of crypto that you had deposited on the platform, usually minus the transaction fee. It is important to note that a refund, when it happens, is usually done within a few hours to a few days.
What does the word revert mean?
Revert means to change or return to a previous state or condition. In the context of software, a reverted version is the previous version of a software project that is no longer in use. If a specific line of code is removed (or reverted) from a project, it will no longer run when the software is executed.
What does revert mean in the context of investments?
This term is used in the context of investments, and it means to return to the original investment you made in a financial asset, usually for a small loss. The most common example of a reversion is the reversion of mutual fund shares. If you buy shares in a mutual fund, you can generally sell your shares back to the mutual fund company at a discounted price. If you want to continue investing in the fund, however, you will have to pay a small fee called a withdrawal fee.
What does revert mean in investment?
To revert an investment means to change the investment to its original state or back to its original form. There are several reasons why a portfolio may need to revert to its pre-triggered state. It could be that a fund or asset has been incorrectly priced since you purchased it. You might have set a sell when the price was lower than today’s price, but if the price has gone up, you could end up making a loss. Reverting the price to what it was before
What is the meaning of revert?
To revert the changes on a document is to restore it to the version it was before you made the changes. Any number of actions can cause a document to revert, including the cancellation of a document’s save, the accidental deletion of a file, or the accidental deletion of a whole document folder.
