Welcome to the Financial Times Lexicon

Browse thousands of words and phrases selected by Financial Times editors and suggest new terms for the glossary.

 

Term of the day

drone

Drones are unmanned aircraft, of any size or shape, used for both civilian and military purposes. There has been increasing discussion of the use of so-called unmanned aerial vehicles (UAVs) in a commercial setting. Although Amazon's founder Jeff Bezos has said he could see drone deliveries inside five years (see news below) others have been more cautious and think using UAVs for delivery would be better suited to remote parts of Africa rather than dense, built-up environments such as US cities....