index A benchmark against which financial or economic performance is measured, such as the S&P 500 or the Consumer Price Index. see also Arms Index, average, composite, EAFE Index, Hang Seng Index, hi-lo index, Jensen index, market-share weighted index, market-value weighted index, NASDAQ Composite Index, Nikkei Index, NYSE Composite Index, passive management, performance-based compensation, price index, price-weighted index, pure index fund, relative volatility, R-squared, Russell 2000, S&P phenomenon, Wilshire 5000 Equity Index.
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