index
Definition
A statistical indicator providing a representation of the value of the securities which constitute it. Indices often serve as barometers for a given market or industry and benchmarks against which financial or economic performance is measured.
Use index in a sentence
“ The traders often compete to see who can beat the S&P 500 index which is a tracking metric of the largest cap companies traded in US markets. ”
“ You should keep a good index of all of your important clients so that you can always access it quickly. ”
“ The S&P 500 index provides a broader representation of overall market conditions in comparison to the DJIA as it takes into account price movements of a far greater number of stocks. ”
