the Dow-Jones Industrial Average

Definition of the Dow-Jones Industrial Average

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

Word by Word Definitions

industrialplay Industrial
  1. :  of or relating to industry

    :  derived from human industry

    :  engaged in industry

  1. :  one that is employed in industry

    :  a company engaged in industrial production or service

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

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

    :  mean

    :  an estimation of or approximation to an arithmetic mean

  1. :  equaling an arithmetic mean

    :  being about midway between extremes

    :  not out of the ordinary :  common

  1. :  to be or come to an average

    :  to have a medial value of

    :  to do, get, or have on the average or as an average sum or quantity

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