Why it matters
Market moves reflect investor expectations about companies and the economy, and affect savings and pensions.
Stock market in the news
More Finance terms
Initial public offering
The first sale of a private company's shares to the public, after which the shares trade on a stock exchange.
Bond yield
The annual return an investor earns on a bond, which moves in the opposite direction to the bond's price.
Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Blockchain
A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.
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