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Today's Terms
National Association of Securities Dealers Automated Quotation system (Nasdaq)
Definition:
An automated information network that provides brokers and dealers with price quotations on the approximately 5,000 most active securities traded over the counter.
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.
Central bank
Definition:
A country's principal monetary authority, responsible for such key functions as issuing currency and regulating the supply of credit in the economy.
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