Reference
Glossary
The language of markets, defined plainly — the terms our coverage uses and what they actually mean.
E
- Equity
- An ownership stake in a company. Shareholders have a claim on profits and assets after every creditor has been paid, which is why equity is riskier than the same company's debt.
- ETF
- A fund holding a basket of assets whose shares trade on an exchange like a single stock. Most track an index, though actively managed ETFs exist.
- Ethereum
- A blockchain designed to run programs — smart contracts — as well as move value. It moved from proof of work to proof of stake in 2022, and most DeFi and token activity has…
- Exchange
- A venue for trading assets. A centralised exchange holds customer funds and matches orders on its own systems; a decentralised exchange settles trades through smart contracts with users keeping custody.