InvestorWords.com

index shares


Definition
A category of stock issued by exchange traded funds to represent ownership. These allow investors to have a stake in an index without having to purchase each individual stock that comprises it. There are two classes of index shares, portfolio depositary receipts and index fund shares.


Related Videos




Search for another term


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