sub·​in·​dex | \ˌsəb-ˈin-ˌdeks \

Definition of subindex 

: an index to a division of a main classification

Examples of subindex in a Sentence

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Photo: Callaghan O'Hare/Bloomberg News In the past four years, Darden’s total shareholder return has been 175% compared with 56% for a subindex of restaurant stocks in the S&P 500. Spencer Jakab, WSJ, "Come Back for Seconds at Olive Garden Parent," 21 June 2018 Those subindexes are down roughly 10% and 4.9%, respectively, since the January peak. Mike Bird, WSJ, "Why Emerging Markets Are Hanging on the Fate of Silicon Valley," 5 Apr. 2018 The new export subindex, an indicator of external demand for Chinese goods, declined to 50.7 from 51.3 in March. WSJ, "China’s Factory Activity Decelerates in April," 30 Apr. 2018 Since MetLife disclosed the pensions snafu in December, its shares have declined 8% while the S&P 500’s subindex of life- and health-insurance stocks is down 7.4%, according to FactSet. Leslie Scism, WSJ, "MetLife Finance Chief Steps Down," 1 May 2018 That trailed the 37 percent total return for smaller rival Canadian Pacific Railway Ltd. and a subindex of Canadian industrial stocks., "CN Rail Abruptly Replaces CEO, Seeking to ‘Energize’ Company," 5 Mar. 2018 China, upon which much of Asia depends for trade, saw its subindex rise to 83 to reach the highest since the third quarter of last year. Reuters, Fortune, "Confidence in Asian Businesses Soars to the Highest in Nearly Seven Years," 20 Dec. 2017 The subindex for Indonesia slipped to 92 in the fourth quarter from 100 in the previous quarter but remained at a high level. Reuters, Fortune, "Confidence in Asian Businesses Soars to the Highest in Nearly Seven Years," 20 Dec. 2017 Meanwhile, Japan’s Topix bank subindex was up 1.3%. Ese Erheriene, WSJ, "Stock Rally Continues as Hang Seng Index Hits 10-Year High," 5 Oct. 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'subindex.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of subindex

1923, in the meaning defined above

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The first known use of subindex was in 1923

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