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Today's Terms
New York Stock Exchange
Definition:
The world's largest exchange for trading stocks and bonds.
Salting
Definition:
This term refers to union organizers that obtain jobs with non-union workers in order to then form a union with those new co-workers.
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.
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