Agenda 2030

Agenda 2030 is a document drawn up by the United Nations as a compromise to ensure the implementation of the principles of sustainable development.


An option is at-the-money if your strike price equals the market price.

Basis point

A basis point is a unit of measure: each base point corresponds to 0.01 percentage points.

Bear market

A bear market refers to a downtrend market with a duration of 1 to 3 years. It represents a period of great volatility and successive negative returns.

BRICS – Brazil, Russia, India, China and South Africa

BRICS – Brazil, Russia, India, China and South Africa are a set of five countries that have stood out on the world stage for the rapid growth of their developing economies.

Bull market

A bull market refers to a bull market that has a duration of 3 to 6 years.

Business Angel

A person who bets on a startup, still in its initial period, in exchange for a slice of the (future) profits of the company.

CAC 40 index

CAC (Cotation Assistée en Continu) 40 index appeared in 1978 and refers to the French reference shareholder index. This index includes the 40 companies with the largest market capitalization listed on the French stock market.

CDS – credit default swap

A CDS – credit default swap can be defined as’ a bilateral agreement with the function of explicitly exchanging credit risk between two parties.

CEB – Council of Europe Development Bank

The CEB – Council of Europe Development Bank was created in 1956 to finance social projects aimed at supporting the refugee population.