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Glossary Politics & World

Bill

A proposed law, still going through the legislature. It is not law until it has passed every required stage and received formal assent.

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Quantitative easing

A central bank creating money to buy bonds, pushing down longer-term interest rates when short-term rates…

Proof of work

A method of securing a blockchain by requiring real computing effort to add blocks. It is…

GPU

A graphics processing unit: a chip built to run many calculations in parallel. Originally for rendering…

Byline

The line naming who wrote a piece. It signals responsibility for the reporting as much as…

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