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Today's Terms
Dow Jones Industrial Average
Definition:
A stock price index, based on 30 prominent stocks, that is a commonly used indicator of general trends in the prices of stocks and bonds in the United States.
Inflation
Definition:
A rate of increase in the general price level of all goods and services. (This should not be confused with increases in the prices of specific goods relative to the prices of other goods.)
Common stock
Definition:
A share in the ownership of a corporation.
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