Trading Basics
Day Order
When a trader places and order that is open for the day. If the price is not hit during that day the order expires.
Other Trading Basics
Buyback
When companies purchase their own shares.
This reduces the amount of shares issued.
Balance of Trade
Also BoT. This is the difference between trade into or out of a country.
Experts and imports. It can be negative or positive and is used by traders in fundamental analysis.