Paper trade (finance) and formerly (iou)

Paper trade (finance)

Simulated trading that investors use to practice mimicking trades (buys and sells) without actually entering into any monetary transactions.

formerly adverb. L16.
[from FORMER adjective + -LY2.]
Before another or something else; first. L16-M17.
At some past time, in former days. L16.
E. Waugh Now..he found a naughty relish in what he had formerly shunned.
A short time ago, just now. L16-M18.

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