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Know the terms

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

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Volatility

How sharply a price moves over time, in either direction. High volatility means larger swings, not necessarily losses,…

Deflation

A sustained fall in the general price level. It sounds welcome but tends to delay spending and raise…

Semiconductor

The chips that do the computing. A handful of firms dominate design and an even smaller number dominate…

Circuit breaker

An automatic pause in trading triggered by a sharp move. The aim is to let information spread and…

Bill

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

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