from The American Heritage® Dictionary of the English Language, 4th Edition
- n. A trade of a security that is opened and closed on the same day.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. A transaction in which units of stock or other investment instruments are purchased and then sold within a single market day.
- v. To engage, as a deliberate investment strategy, in the very short-term trading of stocks or other securities, by selling any given security within the same market day during which it was purchased.
Sorry, no etymologies found.
Sorry, no example sentences found.