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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.
Wildcat strike
Definition:
A wildcat strike refers to any type of strike that is not sanctioned by the union. Wildcat strikers are not protected by the NLRA provisions and may be permanently terminated by the employer.
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.
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