Glossary Finance & Markets
Leverage
Using borrowed money to increase exposure. It multiplies gains and losses equally, and forced selling by leveraged holders is what turns ordinary declines into sharp ones.
Seen in our coverage of Leverage
Stories where this term does real work, rather than appearing in passing.
More from the glossary
Futures contract
An agreement to buy or sell an asset at a set price on a set date.…
Valuation
An estimate of what a business is worth, usually derived from earnings, revenue or comparable companies.…
Filibuster
A procedural tactic used to delay or block a vote by extending debate. Overcoming one usually…
Training data
The material a model learns from. Its gaps and biases carry through into the model's output,…