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Glossary Business & Economy

Antitrust

Competition law: the rules preventing firms from abusing market dominance or merging their way out of competition. Called competition law outside the United States.

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Encryption

Encoding data so only someone with the right key can read it. End-to-end encryption means the…

Valuation

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

Bear market

A fall of 20% or more from a recent peak, held long enough to look like…

Volatility

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

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