Simple English definitions for legal terms
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AMEX: AMEX stands for American Stock Exchange. It is a place where people can buy and sell stocks, which are like little pieces of ownership in a company.
Definition: AMEX (am-eks) is an abbreviation for the American Stock Exchange.
Example: The AMEX is a stock exchange where investors can buy and sell stocks, options, and other securities.
Explanation: The American Stock Exchange, or AMEX, is one of the major stock exchanges in the United States. It provides a platform for investors to trade stocks, options, and other securities. The example illustrates how the AMEX is used as a marketplace for buying and selling securities.