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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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Fact-checking

Verifying claims against primary sources before publication, and sometimes as a standalone piece assessing a public…

Mining

Competing to add the next block to a proof-of-work blockchain by burning computing power on a…

Recession

A significant, broad decline in economic activity lasting more than a few months. The rough-and-ready definition…

Volatility

How sharply a price moves over time, in either direction. High volatility means larger swings, not…

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