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Glossary Politics & World

Ceasefire

An agreement to stop fighting, which may be temporary, local or conditional. It is a pause in hostilities rather than a settlement of the dispute.

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Spot ETF

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

Yield

The income an investment returns, expressed as a percentage of its price. Bond yields move inversely…

IPO

An initial public offering: the first sale of a company's shares to public investors. It raises…

NFT

A token recording ownership of a specific item rather than an interchangeable unit. What the holder…

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