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Today's Terms
Over-the-counter
Definition:
Figurative term for the means of trading securities that are not listed on an organized stock exchange such as the New York Stock Exchange. Over-the-counter trading is done by broker-dealers who communicate by telephone and computer networks.
Bear market
Definition:
A market in which, in a time of falling prices, shareholders may rush to sell their stock shares, adding to the downward momentum.
Illegal strike
Definition:
Illegal strikes are considered those, that attempt to force an employer to join a union, prevent the employer from doing business with someone, strikes that begin within 60 days preceeding the labor agreement and the ones that force the employer
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