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.
More from the glossary
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…

