NOUN
- index based on a statistical compilation of the share prices of a number of representative stocks
How To Use stock market index In A Sentence
- Insurance company capital-protected guaranteed equity bonds are life insurance-based and pay an amount of the increase in a specified stock market index.
- This is because they buy complex derivative products to mirror the performance of the underlying stock market index or indices which are not transparently priced.
- Tracker bonds are leveraged investment funds that track the performance of a stock market index or a basket of indices.
- South Korean media and analysts were cautiously optimistic, too, and the won currency rose against the dollar in response to the North's shift and a rising stock market index.
- The term "participation rate" is used to describe how much of the increase or return of the underlying stock market index will be used to calculate the return. Forbes.com: News