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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Market capitalisation
Share price multiplied by shares outstanding: what the market says a company is worth in total.…
Mining
Competing to add the next block to a proof-of-work blockchain by burning computing power on a…
Central bank
The institution that sets a currency's interest rates and oversees the banking system, such as the…
Encryption
Encoding data so only someone with the right key can read it. End-to-end encryption means the…
