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Glossary Journalism & Media

Right of reply

Giving the subject of a critical story a fair chance to respond before publication, and reflecting that response in the piece.

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Large language model

A model trained on vast amounts of text to predict what comes next, which turns out…

Index

A measure of a slice of the market, such as the S&P 500 or the FTSE…

Futures contract

An agreement to buy or sell an asset at a set price on a set date.…

Artificial intelligence

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

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