
3157

Albert RobertsonBearishM2 is the broad measure of money in the US economy published by the Federal Reserve. It adds less liquid near money to the cash and deposits people spend every day, which is why the M2 money supply is widely used as a gauge of liquidity.

Albert RobertsonBearishThe price to earnings ratio comes in two common versions. Trailing P/E uses the profit a company has already earned, while forward P/E uses the profit analysts expect it to earn. Reading forward P/E vs trailing P/E side by side shows how much growth the market is pricing in.

Albert RobertsonBearishOn most stock exchanges, the first and last prices of the session are set by two separate auctions rather than by ordinary trades. This opening auction closing auction overview explains how each price is formed and why the minutes around them are often the most volatile of the day.

Albert RobertsonBearishTotal supply shows how many tokens of a cryptocurrency exist right now. It is not the same as the number that can be traded, and that gap often matters more than the headline figure.

Albert RobertsonBearishA governance token gives its holders a say in how a crypto protocol is run. What that say covers, and how votes are cast, depends on each protocol's own rules.

Albert RobertsonBearishAn automated market maker lets tokens be swapped on a decentralised exchange without a buyer and a seller being matched. Prices are set by a formula and a pool of tokens rather than by an order book.

Albert RobertsonBearishAn order book is a live list of the buy and sell orders waiting to be filled for an asset. It shows where buyers and sellers stand and how much they want to trade at each price. This entry explains how to read one, how it changes, and what it can and cannot tell a trader.

Albert RobertsonBearishA merger joins two companies into one business. Deals can reshape industries and move share prices sharply on the day they are announced. This entry explains how a merger differs from an acquisition, why companies combine, how the process runs and what shareholders receive.

Albert RobertsonBearishMarket value is what an asset would fetch in the market today, based on current prices. It changes with every trade and every new piece of information. This entry explains how market value is set, how to calculate it, and how it differs from book value and intrinsic value.

Albert RobertsonBearishAmortisation means spreading a cost or a debt over time. The word turns up in two places: loan repayments and accounting for intangible assets. Both follow the same idea of reducing a value in planned steps.

Albert RobertsonBearishOBV is a simple volume indicator with a clear job. It tracks whether volume is flowing into or out of an asset, so you can check whether a price trend has real support behind it.

Albert RobertsonBearishNot every crypto transfer is written to the blockchain right away. Many happen off chain, in systems that sit beside the main network and settle back to it later. That makes them faster and cheaper, but you give up some transparency.