4 Flashcards
Broadsheets
Newspapers that provide in-depth coverage, with a serious tone to their
articles and editorials, eg The Times and The Guardian.
Coronavirus
Coronavirus disease, known as Covid-19, is a respiratory illness that
causes mild to moderate symptoms in a majority of cases but proves
debilitating or fatal for a significant minority. It caused a global
pandemic with wide-ranging economic effects.
Expert bias
Using an expert from just one side of a debate, meaning that other
perspectives are not put forward.
Financial press
Newspapers and magazines aimed at the financially literate and industry
practitioners, eg Financial Times
Libor scandal
The discovery that some banks had manipulated the interest rates that
they use when they borrow from and lend to each other
Mass media
TV, radio, newspapers, magazines and online content that are made
available to a wide audience.
Media bias
Reporting a story from a particular perspective, perhaps to reflect the
media outlet’s business priorities, or the views of the individual
journalist
Middle-market
press
Tabloid-format newspapers such as the Daily Mail and Daily Express that
carry stories designed to appeal to a wide audience, usually shorter and
less complex than those in the broadsheets but less sensational than
those in the ‘red-top’ tabloids
Objective report
A style of journalism that is free from biases, personal views or anything
else that attempts to sway people’s thinking in a certain manner. It is
purely based on facts.
Omission bias
Leaving out facts and opinions that tend to disprove or challenge any
claims made
Subjective bias
A report based on personal views and experiences, rather than objective
facts
Tabloid press
‘Red-top’ tabloids, eg The Sun and Daily Mirror, which carry short, often
sensationalist, stories with little coverage of financial issues
Teaser rate
A very low starter interest rate that makes initial payments affordable,
but which, after a short initial period, increases to a higher rate
