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Today's Terms
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.
Unions
Definition:
Unions are organizations of workers to improve their working conditions and protect their common interest.
Securities
Definition:
Paper certificates (definitive securities) or electronic records (book-entry securities) evidencing ownership of equity (stocks) or debt obligations (bonds).
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