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Definition of Day trade
1. Noun. (business finance) A transaction in which units of stock or other investment instruments are purchased and then sold within a single market day. ¹
2. Verb. (business finance) To engage, as a deliberate investment strategy, in the very short-term trading of stocks or other securities, by selling any given security within the same market day during which it was purchased. ¹
¹ Source: wiktionary.com