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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.

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Bear market

A fall of 20% or more from a recent peak, held long enough to look like…

Bond

A loan to a government or company that pays interest and returns the principal at maturity.…

Algorithm

A defined sequence of steps for solving a problem. In coverage of platforms it usually means…

Futures contract

An agreement to buy or sell an asset at a set price on a set date.…

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