the Street
- noun
- Jargon
- After analyzing the trends, the CEO decided to adjust their strategy to meet the expectations of the Street.
- beat the Street
- Man on the Street
- Woman on the Street
Examples
-
The investment firm presented its quarterly results, surprising the Street by exceeding profit predictions.
-
It seems like the Street sees more upside than the pundits or the people on this board.
Blog text (7) -
Looking ahead, the company's full-year earnings guidance came in slightly below the Street's expectation of $4.07 per share, in the range of $4.04-$4.07 per share, though we think CEO Meg Whitman may be setting low hurdles to exceed earnings.
Blog text (31) -
With many companies facing challenges, there are fewer investors active on the Street today.
Synonyms
The US financial industry, especially banks and investment firms in New York
Large, complicated money deals that happen between big banks, companies, and governments
How Influential
- Jargon
- Specialized
- Specialized
Surface Forms
Morphology
the + Street
The phrase 'the Street' is a metonymic, culture-specific use (derived from 'Wall Street') referring to the securities/financial industry; the literal words 'the' and 'street' (article + road) do not convey that industry meaning. A B1 learner who only knows the constituent words would not reliably infer this specialized, idiomatic sense without exposure to the cultural reference, so it is opaque.
Etymology
The Street comes from the real Street in New York where banks, brokers and traders worked, called Wall Street. Because the people there set prices and shared news, the Street now means the whole 'financial community'.