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Simple English definitions for legal terms
rally
Read a random definition: buy-sell agreement
A quick definition of rally:
Term: RALLY
Definition: A rally is when the price of something, like stocks, goes up a lot after it was going down for a while. It's like when you're playing a game and you're losing, but then you start doing really well and catch up to the other players.
A more thorough explanation:
Definition: A rally is a sudden increase in the price or trading of a particular stock or market after a period of decline.
Example: After a long period of decline, the stock market experienced a rally, with many stocks increasing in value by over 10% in just one day.
Explanation: A rally is a positive change in the market that can occur after a period of decline. This sudden increase in price or trading can be caused by a variety of factors, such as positive news about a company or industry, or a change in economic conditions. The example illustrates how a rally can lead to significant gains for investors who are able to take advantage of the sudden increase in value.