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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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NFT

A token recording ownership of a specific item rather than an interchangeable unit. What the holder…

Hallucination

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

Mining

Competing to add the next block to a proof-of-work blockchain by burning computing power on a…

Filibuster

A procedural tactic used to delay or block a vote by extending debate. Overcoming one usually…

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