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Today's Terms
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.
Adequate warning
Definition:
If an employee is being punished for violating any kind of company rule, an adequate warning must have preceeded, either through the employee handbook or a signature that states that the employee was made aware of that particular rule.
Venture capital
Definition:
Investment in a new, generally possibly risky, enterprise.
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State Statutes Resource Center 