Standard and Poor's Index
- noun
- /ˈstændərd ənd pʊrz ˈɪndɛks/
- Specialized
:
Índice Standard and Poor's
- Investors often refer to the Standard and Poor's Index to gauge market performance.
Examples
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As crude prices fell, the Standard and Poor's index tracking those stocks was down about 1 percent after 2 p.m.
Blog text (22) -
The Standard and Poor's Index provides a reliable benchmark for assessing stock investment returns.
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Many fund managers strive to beat the Standard and Poor's Index as a measure of their performance.
Synonyms
298
4.4
A number that shows how something changes, like prices or pollution
6
3.4
A number that shows how a group of stocks is doing
1
4.1
A number that shows how prices of selected stocks change over time
How Complex
- Specialized
- Specialized
298
4.4
- Specialized
1
3.5
- Specialized
- Specialized
240
2.8
Surface Forms
Morphology
standard + and + Poor's + index
The word 'index' signals a numeric indicator, so a learner who knows that term can infer this is some sort of measurement named after 'Standard and Poor's'. However, 'Standard and Poor's' is a proper name (a financial firm) and the specific sense 'a stock-market benchmark' cannot be derived from the literal meanings of the constituents alone, so knowledge of the company or domain is required.
Etymology
Standard and Poor's Index comes from two companies that published lists about businesses: Standard and Poor's, the second named after a man called Poor. They put their lists together to make one index people use to measure the stock market, so the name now means a common 'benchmark' for market performance.