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Glossary Crypto & Web3

Smart contract

Code deployed to a blockchain that executes automatically when its conditions are met. It removes the need for a middleman to enforce an agreement, but a bug in the code is just as automatic as the rest of it.

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Executive order

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

Byline

The line naming who wrote a piece. It signals responsibility for the reporting as much as…

Correction

A fall of roughly 10% from a recent high. Corrections are common and often brief, which…

Earnings

A company's profit over a reporting period. Share prices usually respond less to the number itself…

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