ticker symbol
Definition
A system of letters used to uniquely identify a stock or mutual fund. Symbols with up to three letters are used for stocks which are listed and trade on an exchange. Symbols with four letters are used for Nasdaq stocks. Symbols with five letters are used for Nasdaq stocks other than single issues of common stock. Symbols with five letters ending in X are used for mutual funds.
Use ticker symbol in a sentence
“ You should try and follow the ticker symbol if you are thinking about purchasing a new stock any time soon. ”
“ I learned what the ticker symbol meant, so I could identify a stock and mutual fund pretty easily and quickly. ”
“ When my company first decided to go public, my boss wanted to find a snazzy ticker symbol but couldn't find one that hadn't already been taken. ”
