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day trade (G1)<br />The purchase and sale of a stock market security in a margin account within the same day. Also known as daylight trade.<br /><em>See also:</em> bed and breakfast
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<strong>GB</strong> Graduate borrower, a loan type within CommonLine file specifications used on/after July 1, 2006 to designate a PLUS Loan made to a graduate or professional student as a Grad PLUS Loan. Grad PLUS Loans display within the MDHE' s online product, MODEL Direct, as GB.
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