# Bloomberg Terminal

*Careers & Credentials — Finicade finance glossary*

The Bloomberg Terminal is the dominant market data and communication platform in institutional finance, costing roughly $25,000 per user per year. Its durability rests less on data than on the messaging network: everyone you need to reach is already on it, which is a network effect competitors have repeatedly failed to break despite offering comparable data more cheaply.

**Also known as:** Bloomberg, the terminal, Refinitiv Eikon

**Related terms:** [Equity Research Analyst](https://finicade.com/glossary/equity-research-analyst), [Trader](https://finicade.com/glossary/trader), [Portfolio Manager](https://finicade.com/glossary/portfolio-manager), [Stock Exchange](https://finicade.com/glossary/stock-exchange), [Block Explorer](https://finicade.com/glossary/block-explorer)

Source: https://finicade.com/glossary/bloomberg-terminal