market index
Definition
An index which is designed to measure price changes of an overall market, such as the stock market or the bond market. An example is Vanguard's Total Bond Market Index.
Use market index in a sentence
“ I had to consult the market index to see how the prices have changed over the past few weeks and that interested me. ”
“ Based on the numbers from the market index we use, there's a definite bearish trend, with no halt to the downward slope in sight. ”
“ The market index provided useful insight into the trends of the market as we needed to understand the past to make predictions about the future. ”
