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Glossary Business & Economy

Merger and acquisition

One company combining with or buying another. Deals of any size usually need clearance from competition regulators before they can close.

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Ceasefire

An agreement to stop fighting, which may be temporary, local or conditional. It is a pause…

Lede

The opening sentence or paragraph, carrying the most newsworthy fact. A buried lede is a story…

GPU

A graphics processing unit: a chip built to run many calculations in parallel. Originally for rendering…

Recession

A significant, broad decline in economic activity lasting more than a few months. The rough-and-ready definition…

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