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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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Antitrust

Competition law: the rules preventing firms from abusing market dominance or merging their way out of…

Gas fee

The charge paid to have a transaction processed on a blockchain. Fees rise with congestion, which…

Central bank

The institution that sets a currency's interest rates and oversees the banking system, such as the…

Market capitalisation

Share price multiplied by shares outstanding: what the market says a company is worth in total.…

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