N. Y. Stock Exchange
- proper noun
:
Bolsa de Valores de Nueva York
- Many companies choose to list on the N. Y. Stock Exchange.
Examples
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She got a job as a trader at the N. Y. Stock Exchange right after college.
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The N. Y. Stock Exchange closed higher on Monday after a surge in technology stocks.
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Many international companies choose to list on the N. Y. Stock Exchange for greater exposure.
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The N. Y. Stock Exchange is a symbol of American capitalism.
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Many international companies choose to list on the N. Y. Stock Exchange for greater exposure.
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She got a job as a trader at the N. Y. Stock Exchange right after college.
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The N. Y. Stock Exchange closed higher on Monday after a surge in technology stocks.
Synonyms
119
4.2
A large stock market in New York City where people buy and sell company shares
35
2.6
A large place in New York where people buy and sell shares of companies
3
4.6
A nickname for the New York Stock Exchange at 11 Wall Street
Surface Forms
Morphology
The meaning is directly compositional: 'stock' (shares) + 'exchange' (a place where stocks are traded) with the locational marker N. Y. (New York) yields 'a stock exchange in New York City.' The abbreviation N. Y. does not obscure the semantic composition, and similar 'place + noun' constructions are cross-linguistically common, so a B1 learner who knows the constituents would infer the meaning.
Etymology
N. Y. Stock Exchange is a short name for the New York Stock Exchange, named for the place in New York where people meet to buy and sell 'stocks'. One popular story says the first traders met under a large 'buttonwood' tree on Wall Street, and that image helps explain why the name means the main place for trading 'stocks' today.