SPDR

Definition

Spider. Shares of a security designed to track the value of the S&P 500. Spiders trade on the American Stock Exchange under the symbol SPY. One SPDR unit is valued at approximately one-tenth of the value of the S&P 500. Dividends are distributed quarterly, and are based on the accumulated stock dividends held in trust, less any expenses of the trust. also called Standard & Poor's Depositary Receipt.

Cite this definition


Related Terms

Standard & Poor's Depositary Receipt

Related Research Articles from the InvestorGuide.com University

The Stock Market
Learn the lingo of "the market," as well as theories about market behavior, such as random walk, behavioral finance theory, and what makes a market efficient.

Short Selling
What is short selling? Learn how it works and why it happens. Find out about the pitfalls and the potential risk involved with this practice.

International Stocks
What information should you consider before investing in international stocks? Learn about the different kinds of international stocks, how to buy them, and how to weigh the pros and cons of risk and diversification.



Related Resources from InvestorGuide.com

Stock of the Day Newsletter
Learn about stocks that are making headlines today by signing up for our free newsletter.

   
Stock Research Tool
Using our stock research tool, you have access to our stock tracker, quotes, interactive charts, news, analysis and profile information. Click here to use our stock research tool or enter a stock ticker here:

   

Featured Sponsor




Start earning $200 to $900 a day working at home. No experience necessary. Money-back guarantee.


Give this definition a rating from 1 to 5 (5 being the best)...
1    2    3    4    5    
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Add this Glossary to your Site | Bookmark InvestorWords.com
Home | Terms by Subject | Keyword Advertising | About Us | Contact Us
Work for InvestorWords.com
BusinessDictionary.com | InvestorGuide.com | WebFinanceInc.com
Disclaimer and Copyright©

Copyright©1997-2008 by WebFinance, Inc. All Rights Reserved.
Unauthorized duplication, in whole or in part, is strictly prohibited.