Glossary Finance & Markets
ETF
An exchange-traded fund: a basket of assets that trades on an exchange like a single share. Most track an index, which keeps costs low compared with picking holdings by hand.
More from the glossary
Two-factor authentication
Requiring a second proof of identity beyond a password, such as a code from an app…
Volatility
How sharply a price moves over time, in either direction. High volatility means larger swings, not…
Valuation
An estimate of what a business is worth, usually derived from earnings, revenue or comparable companies.…
Ethereum
A blockchain designed to run programs, not just move money. Most stablecoins, DeFi protocols and NFTs…

