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Today's Terms
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.
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.
Gold standard
Definition:
A monetary system in which currencies are defined in terms of a given weight of gold.
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