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Glossary Politics & World

Quorum

The minimum number of members who must be present for a body to take a valid decision.

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Artificial intelligence

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

Executive order

A directive issued by a head of government to the executive branch. It can be reversed…

API

An application programming interface: a defined way for one piece of software to ask another for…

Volatility

How sharply a price moves over time, in either direction. High volatility means larger swings, not…

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