Examlex
What is capitalism essentially based on?
Auction Markets
Marketplaces where buyers and sellers bid on assets, with the highest bid winning the asset.
OTC
Over-the-Counter (OTC) refers to the process of trading securities directly between two parties without the oversight of an exchange.
TSX
Stands for the Toronto Stock Exchange, one of the largest stock exchanges in the world, based in Canada.
NYSE
The New York Stock Exchange, one of the largest stock exchanges in the world, where stocks are bought and sold.
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