Listed players
SST2.44▼ -7.58%TIG40.00▲ +3.90%TEAD0.56▲ +3.77%PERI8.50▼ -2.97%TBLA3.23▼ -2.71%INUV0.57▼ -1.74%AV10.06▼ -1.59%GOOGL343.50▲ +1.56%SNAP5.58▼ -1.24%PINS19.26▼ -1.03%MSFT517.53▲ +0.92%PPLI41.28▲ +0.81%IOS32.24▲ +0.44%META728.08▲ +0.30%GDDY97.21▲ +0.24%DV13.49▲ 0.00%MCHX1.29▲ 0.00%
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The glossary

233 terms, each answered in one sentence, then explained properly with an analogy and a worked example.

A

Ad auction
An ad auction is the instant, automated contest run for each search that decides which advertisers' ads appear, in what order and at what price per click.
Ad Rank
Ad Rank is the value Google Ads calculates in every auction to decide whether an ad may show and where it appears relative to other ads.

G

Google Ads
Google Ads is Google's advertising platform, where businesses bid to show ads on Google Search, its search partner sites, YouTube and other properties.

K

Keyword match type
A keyword match type tells the ad platform how closely a person's search must match an advertiser's keyword before the ad is allowed to show.

M

Maximum CPC bid
A maximum CPC bid is the most an advertiser is willing to pay for one click on its ad; the actual price charged is often lower.
Microsoft Advertising
Microsoft Advertising is Microsoft's ad platform, formerly Bing Ads, which sells search ads on Bing and on partner sites that syndicate its results.

N

Negative keyword
A negative keyword is a word or phrase an advertiser adds to stop its ad showing on searches that contain it.

P

PPC (pay per click)
PPC, or pay per click, is an advertising model in which the advertiser pays only when someone clicks the ad, not when it is merely shown.

Q

Quality Score
Quality Score is Google Ads' 1 to 10 diagnostic rating of how an advertiser's ad quality for a keyword compares with other advertisers.

S

Search terms report
The search terms report shows an advertiser the actual searches that triggered its ads, alongside the keywords and match types that matched them.
SEM (search engine marketing)
SEM, search engine marketing, is the practice of winning customers from search engines, today mostly meaning paid search ads bought per click.