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Glossary Finance & Markets

IPO

An initial public offering: the first sale of a company's shares to public investors. It raises capital and creates an exit for early backers and staff.

An initial public offering: the first sale of a company's shares to public investors. It raises capital and creates an exit for early backers and staff.

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Yield

The income an investment returns, expressed as a percentage of its price. Bond yields move inversely…

Altcoin

Any cryptocurrency other than Bitcoin. The label spans serious infrastructure projects and outright jokes, so it…

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Software that performs tasks normally associated with human judgement, such as recognising images or writing text.…

Inverted pyramid

Structuring a story with the most important information first and the least important last, so it…

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