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part of a clockwise-setting ocean-current system in the North Atlantic Ocean, extending from southeast of the Grand Bank, off Newfoundland, Canada, to the Norwegian Sea, off northwestern Europe. It constitutes the northeastward extension of the Gulf Stream; the latter issues from the Gulf of Mexico and gradually emerges as the North Atlantic Current in mid-ocean. It is composed of several broad currents with speeds of about 0.2 knots, as compared with the Gulf Stream's rather concentrated flow at 1 to 6 knots