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Today's Terms
Shoulder surfing
Definition:
Shoulder surfing refers to to the process of obtaining your personal pin. Thieves either hang around ATMs or use binoculars in order to make out your personal identification number .
Money laundering
Definition:
Once money has been illegally gained, money laundering is the process of concealing those funds in order to avoid a transaction-reporting requirement under state/federal law.
Limit order
Definition:
Order to buy or sell a security at a customer-specified price.
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