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

data mining

Data mining involved analysing large amounts of data held on computers. Typically this data will have been collected for another reason and mining the data means that additional uses can be extracted from the database. Data mining has been used on social networks to gather information about potential customer preferences, for example. 

 

data mining in the news

In May 2012, the only so-called Twitter hedge fund shut down after deciding to offer its social media indicators to day traders instead....