National Association of Securities Dealers Automated Quotations
- noun
- Specialized
:
Asociación Nacional de Distribuidores de Valores Automatizados
- Brokers rely on the National Association of Securities Dealers Automated Quotations platform for real-time price information.
Examples
-
The National Association of Securities Dealers Automated Quotations system revolutionized the way stocks were traded over the counter.
-
Many technology companies are listed on the National Association of Securities Dealers Automated Quotations exchange.
-
The National Association of Securities Dealers Automated Quotations is a key player in the stock market.
-
The National Association of Securities Dealers Automated Quotations has transformed trading practices.
-
Brokers rely on the National Association of Securities Dealers Automated Quotations platform for real-time price information.
-
Many technology companies are listed on the National Association of Securities Dealers Automated Quotations exchange.
-
The National Association of Securities Dealers Automated Quotations system revolutionized the way stocks were traded over the counter.
Synonyms
110
6.0
An electronic US stock market where people trade shares, often of technology companies
18
3.6
A market where people buy and sell company shares through brokers
An organized place where people buy and sell company shares and other investments
How Automated
- Specialized
1
6.9
- Specialized
Surface Forms
Morphology
national + association + of + security + dealer + automated + quotation
The phrase is a literal institutional name composed of transparent parts: 'National Association of Securities Dealers' (an organization of securities traders) plus 'Automated Quotations' (computerized price quotes). A B1 learner who knows the constituent words can reasonably infer it refers to the association's computerized system for securities price quotations (i.e. NASDAQ).
Etymology
National Association of Securities Dealers Automated Quotations comes from the group called the National Association of Securities Dealers, which built a computer system for automated quotations that could give 'price quotes' instantly. So the name now means the computerized market that shows live 'price quotes' for stocks.