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Know the terms

Plain definitions of the words that keep turning up in the coverage.

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Bill

A proposed law, still going through the legislature. It is not law until it has passed every required…

Coalition government

A government formed by two or more parties because no single party holds a majority. Policy is set…

Valuation

An estimate of what a business is worth, usually derived from earnings, revenue or comparable companies. It is…

Bid-ask spread

The gap between the highest price a buyer will pay and the lowest a seller will accept. A…

Dollar-cost averaging

Investing a fixed amount at regular intervals regardless of price. It removes the need to time the market…

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