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Glossary Finance & Markets

Dollar-cost averaging

Investing a fixed amount at regular intervals regardless of price. It removes the need to time the market and smooths the average price paid, at the cost of some upside in a steadily rising market.

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Standfirst

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

Executive order

A directive issued by a head of government to the executive branch. It can be reversed…

Correction

A fall of roughly 10% from a recent high. Corrections are common and often brief, which…

Quorum

The minimum number of members who must be present for a body to take a valid…

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