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Glossary Finance & Markets

Market capitalisation

Share price multiplied by shares outstanding: what the market says a company is worth in total. It is a valuation, not a measure of cash on hand.

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Bill

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

Margin call

A demand to add funds when a leveraged position moves against you. Fail to meet it…

Altcoin

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

Semiconductor

The chips that do the computing. A handful of firms dominate design and an even smaller…

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