Skip to content

Glossary Business & Economy

Fiscal policy

What a government does with taxation and spending, as distinct from monetary policy, which is set by the central bank.

More from the glossary

Bill

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

Dollar-cost averaging

Investing a fixed amount at regular intervals regardless of price. It removes the need to time…

Hallucination

When an AI model states something false with the same confidence as something true. It is…

Circuit breaker

An automatic pause in trading triggered by a sharp move. The aim is to let information…

Back to the glossary