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Glossary Business & Economy

Supply chain

The chain of suppliers, factories and transport that turns raw materials into a delivered product. A blockage anywhere in it shows up as shortages and higher prices everywhere downstream.

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IPO

An initial public offering: the first sale of a company's shares to public investors. It raises…

Memecoin

A token whose value rests on attention and community rather than on any product or cash…

Yield

The income an investment returns, expressed as a percentage of its price. Bond yields move inversely…

Machine learning

Building software that improves at a task by finding patterns in data rather than by being…

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