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Glossary Finance & Markets

Yield

The income an investment returns, expressed as a percentage of its price. Bond yields move inversely to bond prices, which is why falling yields mean a rally.

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Bitcoin

The first widely used cryptocurrency, launched in 2009. Its supply is capped by its own software…

Supply chain

The chain of suppliers, factories and transport that turns raw materials into a delivered product. A…

Bear market

A fall of 20% or more from a recent peak, held long enough to look like…

Blockchain

A shared ledger of transactions maintained by many computers at once rather than by a single…

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