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Glossary

Equity

Ownership in a company, divided into shares that entitle the holder to a slice of its profits and assets.

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Blockchain

A shared record of transactions, copied across many computers, where each new batch of entries is cryptographically linked to the one before it — making past…

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Bitcoin

The first cryptocurrency, launched in 2009, which runs on a public blockchain maintained by a global network of miners rather than by any company, bank or…

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Compliance

The work of making sure a business actually follows the rules it is subject to, and can prove it did.

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Supply Chain

The full chain of suppliers, factories and transport that turns raw materials into a product on a shelf.

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Startup

A young company built to find a repeatable business model quickly, usually funded by investors rather than by its own revenue.

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Central Bank

The institution responsible for a currency and its monetary policy — setting interest rates, managing money supply and acting as lender of last resort.

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Stablecoin

A token designed to hold a steady value, usually one US dollar, by being backed with reserves or managed by an algorithm.

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Bond

A loan to a government or company, repaid at a set date with interest along the way. Bonds trade, so their price moves after issue.

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Artificial Intelligence

Software that performs tasks normally requiring human judgement — recognising images, writing text, making predictions — by learning patterns from data rather than following hand-written rules.

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