The practice of buying stock on credit. People pay a small percentage of the price of the stock - hoping that it will go up in value and that they can use money from the sale to pay the balance they owe. This practice contributed to the stock market

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1. The practice of buying stock on credit. People pay a small percentage of the price of the stock - hoping that it will go up in value and that they can use money from the sale to pay the balance they owe. This practice contributed to the stock market