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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.

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Wallet

Software or hardware that stores the private keys controlling your crypto. The coins live on the…

Tokenisation

Issuing a blockchain token that represents a claim on something off-chain, such as a bond, a…

Index

A measure of a slice of the market, such as the S&P 500 or the FTSE…

Bill

A proposed law, still going through the legislature. It is not law until it has passed…

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