the Dow-Jones Industrial Average

noun
Updated on: 15 Nov 2017

Definition of the Dow-Jones Industrial Average

:the daily average of the stock prices of a group of large American companies

Word by Word Definitions

industrial play
  1. : of or relating to industry

  2. : derived from human industry

  3. : engaged in industry

  1. : one that is employed in industry

  2. : a company engaged in industrial production or service

  3. : a stock or bond issued by an industrial corporation or enterprise

average play
  1. : a single value (such as a mean, mode, or median) that summarizes or represents the general significance of a set of unequal values

  2. : mean

  3. : an estimation of or approximation to an arithmetic mean

  1. : equaling an arithmetic mean

  2. : being about midway between extremes

  3. : not out of the ordinary : common

  1. : to be or come to an average

  2. : to have a medial value of

  3. : to buy on a falling market or sell on a rising market additional shares or commodities so as to obtain a more favorable average price


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