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Today's Terms
Gold standard
Definition:
A monetary system in which currencies are defined in terms of a given weight of gold.
Capital market
Definition:
The market in which corporate equity and longer-term debt securities (those maturing in more than one year) are issued and traded.
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.
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