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Glossary Business & Economy

Merger and acquisition

One company combining with or buying another. Deals of any size usually need clearance from competition regulators before they can close.

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DeFi

Decentralised finance: lending, trading and derivatives run by smart contracts rather than by a bank or…

Revenue

Total income from sales, before any costs. A company can grow revenue for years while losing…

Volatility

How sharply a price moves over time, in either direction. High volatility means larger swings, not…

Training data

The material a model learns from. Its gaps and biases carry through into the model's output,…

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