Glossary Business & Economy
Venture capital
Money invested in early-stage companies in exchange for equity, on the expectation that most will fail and a few will more than cover the rest.
More from the glossary
Recession
A significant, broad decline in economic activity lasting more than a few months. The rough-and-ready definition…
Fiscal policy
What a government does with taxation and spending, as distinct from monetary policy, which is set…
Regulator
A public body that writes and enforces detailed rules within an area the legislature has assigned…
Cloud computing
Renting computing power and storage from a provider rather than running your own servers. It converts…

