Recent Examples of footsie from the Web
The Right’s game of footsie with the alt-right ostensibly ended when Trump won.
Every Republican who ever played footsie with the militias out west owns this bloodshed.
This wasn't the first time the Times has played footsie with Rahm.
Sports leagues are playing footsie with gambling more and more.
Even after playing footsie with him in various ways, cutting deal to exploit his global reach?
David Friesen was done playing footsie with s’mores-flavored ice cream.
The Arab states are willing to play footsie with Israel under the table, thereby reducing what little leverage the Palestinians have.
As these two financial giants play overseas footsie, Chan acts as a facilitator.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'footsie.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Financial Definition of FOOTSIE
What It Is
How It Works
The stocks in this index represent more than 80% of the value of all issues traded on the London Stock Exchange. Because the index is weighted by market cap, its largest component stocks have the greatest influence on the index's value. The index is quite unusual in that it reweights its component stocks daily to represent the actual state of the market. Meanwhile, the index is fully rebalanced (that is, the FTSE adds or subtracts stocks from the index) on a quarterly basis.
Why It Matters
Because it covers several industries and the market caps of its constituents compose the vast majority of the UK market, the FTSE 100 is one of the most widely followed European indexes. As such, it is the basis for a variety of funds, derivatives, and exchange-traded funds.
The top 10 holdings constitute 44.27% of the index's market cap. The industries may be diverse, but recent additions make it an index that is increasingly regarding as detached from the UK economy. The market-cap weighting creates a disproportionately high influence for large companies and the sectors in which they reside.
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