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Today's Terms
American Stock Exchange
Definition:
One of the key stock exchanges in the United States, it consists mainly of stocks and bonds of companies that are small to medium-sized, compared with the shares of large corporations traded on the New York Stock Exchange..
Economic strike
Definition:
Economic strikes are not a ground for terminating participating employees and they result when employees strike after a stalemate in negotiations over a contract with management.
Gold standard
Definition:
A monetary system in which currencies are defined in terms of a given weight of gold.
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