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Glossary Journalism & Media

Standfirst

The short line under a headline that sets up the story. Called a dek in American newsrooms.

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Revenue

Total income from sales, before any costs. A company can grow revenue for years while losing…

Leverage

Using borrowed money to increase exposure. It multiplies gains and losses equally, and forced selling by…

Spot ETF

An exchange-traded fund that holds the asset itself rather than futures contracts on it. A spot…

Mining

Competing to add the next block to a proof-of-work blockchain by burning computing power on a…

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