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Glossary Finance & Markets

Market capitalisation

Share price multiplied by shares outstanding: what the market says a company is worth in total. It is a valuation, not a measure of cash on hand.

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Smart contract

Code deployed to a blockchain that executes automatically when its conditions are met. It removes the…

Op-ed

An opinion piece by someone outside the newsroom, published under their own name. It carries the…

Futures contract

An agreement to buy or sell an asset at a set price on a set date.…

Lobbying

Seeking to influence legislation or regulation on behalf of an interest. Most jurisdictions require lobbyists to…

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