Glossary Finance & Markets
ETF
An exchange-traded fund: a basket of assets that trades on an exchange like a single share. Most track an index, which keeps costs low compared with picking holdings by hand.
More from the glossary
Phishing
Tricking someone into handing over credentials or money by impersonating a trusted sender. Still the most…
Bond
A loan to a government or company that pays interest and returns the principal at maturity.…
Tariff
A tax on imported goods. It is paid by the importer, not the exporting country, and…
Central bank
The institution that sets a currency's interest rates and oversees the banking system, such as the…
