Image for Anchor

Anchor

An anchor, in a general knowledge context, is a person or thing that provides stability or support. In media, it often refers to a news anchor, who is the main presenter of a news program, delivering news and information to the audience. In psychology, "anchoring" describes a cognitive bias where individuals rely too heavily on the first piece of information encountered when making decisions. In finance, it may refer to a reference point in pricing. Overall, anchors serve as essential points of reference in various fields, helping to guide understanding and decision-making.