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Glossary Business & Economy

Revenue

Total income from sales, before any costs. A company can grow revenue for years while losing money, which is why revenue and profit are reported separately.

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Op-ed

An opinion piece by someone outside the newsroom, published under their own name. It carries the…

Index

A measure of a slice of the market, such as the S&P 500 or the FTSE…

Futures contract

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

Referendum

A direct public vote on a single question. Whether the result binds the government depends on…

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