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Quotes of the day:
a good tooth, gets no gold
The near term is a period of time not far into the future. The term is used to describe events that may occur soon. In finance, the term is often used to explain the timeframe during which an event or change is expected to occur. Traders will often use the term near term when expecting a price move to happen in the near future, or when a trade is taken for only a small amount of time.
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