Glossary Business & Economy
Valuation
An estimate of what a business is worth, usually derived from earnings, revenue or comparable companies. It is a judgement, and reasonable analysts often reach very different ones.
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API
An application programming interface: a defined way for one piece of software to ask another for…
Tariff
A tax on imported goods. It is paid by the importer, not the exporting country, and…
Tokenisation
Issuing a blockchain token that represents a claim on something off-chain, such as a bond, a…
Lobbying
Seeking to influence legislation or regulation on behalf of an interest. Most jurisdictions require lobbyists to…