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Glossary Finance & Markets

Correction

A fall of roughly 10% from a recent high. Corrections are common and often brief, which is what distinguishes them from bear markets.

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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.…

Semiconductor

The chips that do the computing. A handful of firms dominate design and an even smaller…

Yield

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

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