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Glossary Finance & Markets

Short selling

Borrowing an asset, selling it, and hoping to buy it back cheaper. Losses are theoretically unlimited, since there is no ceiling on how high a price can go.

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Conflict of interest

A personal or financial stake that could reasonably be seen to compromise coverage. The usual remedies…

Futures contract

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

Bitcoin

The first widely used cryptocurrency, launched in 2009. Its supply is capped by its own software…

GPU

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

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