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News glossary

Clear definitions for words that news reports often use without stopping to explain. Knowing a term should help you evaluate the story, not merely repeat it.

Browse glossary terms

34 terms

Media literacy

Allegation

A claim that has been made but has not yet been established as fact.

In the news: Responsible reporting attributes an allegation and explains what evidence is available or missing.

Related: Primary source · Source transparency

Media literacy

Anonymous source

A person who gives information to a journalist without being publicly named.

In the news: Anonymity can protect a source from retaliation, but readers should be told why it was granted and how the information was checked.

Related: Source transparency · Primary source

Government & law

Appropriation

Money that a legislature formally authorizes a government agency or program to spend.

In the news: A law can create a program, but the program may still depend on later appropriations to operate.

Related: Committee markup · Regulation

Money & economy

Basis point

One hundredth of one percentage point. One hundred basis points equal one percentage point.

In the news: Central banks and markets use basis points to describe small changes in interest rates precisely.

Related: Interest rate · Inflation

Science & health

Biologic

A medicine made from living cells or organisms rather than assembled only through chemical synthesis.

In the news: Biologics often have different development costs, patent rules, and price-negotiation timelines from traditional drugs.

Related: Clinical trial · Small-molecule drug

Government & law

Bipartisan

Supported or produced by members of two major political parties.

In the news: Bipartisan does not mean unanimous or nonpolitical; it describes the coalition supporting a measure.

Related: Committee markup · Federal preemption

Money & economy

Capital requirement

The minimum financial cushion a regulated bank must maintain against possible losses.

In the news: Higher requirements can make banks safer, while critics argue they can also constrain lending.

Related: Liquidity · Interest rate

Science & health

Clinical trial

A structured study in people that tests the safety or effectiveness of a medical intervention.

In the news: The trial phase, participant count, comparison group, and measured outcome all affect how strong a medical claim is.

Related: Peer review · Biologic

Government & law

Committee markup

A legislative meeting where committee members debate, amend, and vote on a bill before it can advance.

In the news: A bill clearing markup has moved forward, but it has not necessarily passed either chamber or become law.

Related: Appropriation · Bipartisan

Media literacy

Correction

A published notice that fixes a factual error in earlier reporting.

In the news: A useful correction identifies what was wrong, supplies the accurate information, and records when the change was made.

Related: Source transparency · Framing

Government & law

Federal preemption

A rule under which federal law overrides some or all state laws on the same subject.

In the news: The scope of preemption can determine whether states may keep stronger protections than a federal baseline.

Related: Regulation · Private right of action

World affairs

Flag state

The country where a ship is registered and whose laws generally govern that vessel.

In the news: A ship may be owned or operated elsewhere, so flag-state rules matter in international shipping enforcement.

Related: Treaty · Accord

Media literacy

Framing

The facts, language, context, and consequences a report chooses to emphasize.

In the news: Two reports can contain accurate facts while leading readers toward different interpretations through framing.

Related: Opinion · Source transparency

Money & economy

Gross domestic product

The total value of goods and services produced within a country during a period.

In the news: GDP measures economic output, not how evenly income is distributed or whether people feel financially secure.

Related: Inflation · Interest rate

Money & economy

Inflation

A broad rise in prices that reduces the purchasing power of money over time.

In the news: A lower inflation rate means prices are rising more slowly; it does not usually mean prices have returned to earlier levels.

Related: Interest rate · Basis point

Money & economy

Interest rate

The price paid to borrow money, usually expressed as a percentage of the amount borrowed.

In the news: Policy rates influence mortgages, business loans, savings returns, investment, and demand across the economy.

Related: Inflation · Basis point

Money & economy

Liquidity

How readily an asset can be converted to cash, or how much cash an institution can access quickly.

In the news: A solvent bank can still fail if it cannot meet immediate withdrawals or payment obligations.

Related: Capital requirement · Interest rate

Science & health

Medicare Part D

The part of the U.S. Medicare program that helps cover outpatient prescription drugs.

In the news: Part D policy affects drug formularies, premiums, out-of-pocket costs, and federal price negotiation.

Related: Biologic · Small-molecule drug

Science & health

Net energy gain

A result in which a process releases more usable energy than the measured energy delivered directly to it.

In the news: Fusion announcements may use different system boundaries, so readers should check which inputs and outputs are being counted.

Related: Peer review

Media literacy

Opinion

A conclusion, judgment, or argument based on facts and values rather than a directly verifiable fact itself.

In the news: Opinion should be labeled clearly and should not be presented as straight reporting.

Related: Framing · Primary source

Science & health

Peer review

Evaluation of research by other qualified specialists before or after publication.

In the news: Peer review can catch weaknesses, but it does not guarantee that a result is final or correct.

Related: Clinical trial · Net energy gain

Media literacy

Primary source

Original evidence such as a law, court filing, dataset, interview, speech, study, or official record.

In the news: Primary sources let readers inspect the evidence directly, though they still require context and interpretation.

Related: Secondary source · Source transparency

Government & law

Private right of action

Legal authority allowing an individual to sue over a violation rather than relying only on government enforcement.

In the news: Supporters call it direct accountability; critics may warn about litigation costs or inconsistent enforcement.

Related: Federal preemption · Right to cure

Money & economy

Public pension

A retirement plan for government employees that generally promises benefits under a formula.

In the news: Funding levels depend on contributions, investment returns, fees, assumptions, and promised benefits.

Related: Capital requirement

Government & law

Regulation

A binding rule made and enforced by a government authority under powers granted by law.

In the news: Debates often concern who writes the rule, who bears its costs, how it is enforced, and whether the agency exceeded its authority.

Related: Federal preemption · Right to cure

Government & law

Right to cure

A period allowing a person or company to correct a violation before penalties or a lawsuit proceed.

In the news: A cure period can protect good-faith mistakes, while critics may say it weakens deterrence for repeat violations.

Related: Private right of action · Regulation

World affairs

Rules of origin

Trade rules that determine where a product legally comes from based on its materials and production.

In the news: They prevent goods from receiving trade benefits merely by passing through a member country.

Related: Tariff · Supply chain

World affairs

Sanctions

Restrictions on trade, finance, travel, or property imposed to pressure a government, organization, or person.

In the news: The design, enforcement, exemptions, and effects on civilians all matter when evaluating sanctions.

Related: Treaty · Supply chain

Media literacy

Secondary source

Reporting or analysis that interprets, summarizes, or evaluates information from primary sources.

In the news: A strong secondary source explains its evidence and links or identifies the underlying records when possible.

Related: Primary source · Source transparency

Science & health

Small-molecule drug

A medicine made from relatively small chemical compounds, often produced as a pill or capsule.

In the news: These drugs can face different patent, generic-competition, and Medicare negotiation timelines from biologics.

Related: Biologic · Medicare Part D

Media literacy

Source transparency

Clear disclosure of where information came from, how it was checked, and what evidence readers cannot inspect.

In the news: Transparency helps readers judge a report without requiring them to trust a publication blindly.

Related: Primary source · Anonymous source · Correction

World affairs

Supply chain

The network of suppliers, producers, transport systems, and sellers involved in making and delivering something.

In the news: Disruptions can arise from conflict, weather, labor action, regulation, shortages, or concentration in one region.

Related: Rules of origin · Tariff

World affairs

Tariff

A tax charged on imported goods.

In the news: Tariffs can protect domestic producers, raise revenue, invite retaliation, and increase costs for importers or consumers.

Related: Rules of origin · Supply chain

World affairs

Treaty

A formal agreement between countries governed by international law.

In the news: Signing, ratification, domestic implementation, and enforcement are separate stages.

Related: Sanctions · Flag state