Plain-English definitions for the terms you'll encounter on your financial journey.
The process of using powerful computers to solve complex math problems to verify transactions and earn new units of cryptocurrency.
An event occurring at set intervals where the reward for mining new blocks is cut in half, reducing the inflation rate of the cryptocurrency.
The process by which new units of a cryptocurrency are created and transactions are verified using powerful computer hardware.
The process of determining the specific number of units or shares an investor will trade within their portfolio to manage risk.
An IRS official who specializes in examining and auditing tax returns to ensure compliance with the law.
The total length of time an employee has worked for a specific employer, often determining eligibility for certain pension benefits.
A performance metric for determining how much excess return was generated for each unit of risk taken by a portfolio.