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Glossary Finance & Markets

Bid-ask spread

The gap between the highest price a buyer will pay and the lowest a seller will accept. A wide spread is a cost of trading and a sign of thin liquidity.

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Venture capital

Money invested in early-stage companies in exchange for equity, on the expectation that most will fail…

Byline

The line naming who wrote a piece. It signals responsibility for the reporting as much as…

Halving

A scheduled event in Bitcoin, roughly every four years, that cuts the reward paid to miners…

Private key

The secret number that authorises spending from a crypto address. Anyone who has it controls the…

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