Glossary Business & Economy
GDP
Gross domestic product: the total value of goods and services an economy produces. It measures activity, not wellbeing or how the proceeds are shared.
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Gas fee
The charge paid to have a transaction processed on a blockchain. Fees rise with congestion, which…
Judicial review
A court examining whether a government decision was lawful. It tests the legality of how a…
Ethereum
A blockchain designed to run programs, not just move money. Most stablecoins, DeFi protocols and NFTs…
Futures contract
An agreement to buy or sell an asset at a set price on a set date.…