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Know the terms

Plain definitions of the words that keep turning up in the coverage.

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Venture capital

Money invested in early-stage companies in exchange for equity, on the expectation that most will fail and a…

Dividend

A share of profit paid out to shareholders, usually quarterly. Cutting one is a strong signal about a…

Central bank

The institution that sets a currency's interest rates and oversees the banking system, such as the Federal Reserve,…

Editorial

An unsigned piece stating the publication's own institutional position, distinct from both news reporting and outside opinion.

Stablecoin

A token designed to hold a steady value, usually one US dollar, by holding reserves or by algorithm.…

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