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addaword.gifdefinition of vocoder

noun
a device that takes speech or music input and produces artificial speech or music as the output
Ever wondered what a vocoder is? It's a sound distorter originally invented during World War II to protect secret phone conversations between Churchill and Roosevelt and went on to become a favourite of rock artists.
Submitted from United Kingdom on 23/02/2011 11:50:00
Definition of vocoder from the Open Dictionary – a public resource hosted by Macmillan English Dictionary Online

dark pool

a method of financial trading in which share prices are hidden and not openly available to the public

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bottom line

the amount of money that a business makes or loses