|Glossary Term: INDEX|
Definition(s) for INDEX:
1. ) Any comprehensive measure of market trends, intended for investors who are concerned with general stock market price movements.
2. ) a measurement used by lenders to determine changes to the Interest rate charged on an adjustable rate mortgage
3. ) A compilation of the prices of several common entities into a single number. See also Price-Weighted Index, Capitalization-Weighted Index.
4. ) A compilation of several stock prices into a single number. Example: the S&P 100 Index.
5. ) The economic indicator used to calculate interest-rate adjustments for adjustable-rate mortgages. No one can be sure when an index rate will go up or down. See the chart Selected Index Rates for ARMs over an 11-year Period for examples of how some common indexes have changed in the past.
6. ) A statistical measure of the changes in a portfolio of stocks representing a portion of the overall market. For instance, the FTSE 100 and the S&P500 are examples of indices.
7. ) A statistical construction that measures relative or absolute price changes and/or returns for a given group of securities.The purpose of an index calculation is usually to provide a single number which represents the movements of a variety of prices or rates and is indicative of the behaviour in a market.
8. ) Measures the stock market movement based on a group of selected counters or sectors. For the Singapore market, the most common index is The Straits Times Index
COST OF FUNDS INDEX (COFI), DUAL INDEX NOTES, INDEX AMORTIZING NOTE (IAN), INDEX AMORTIZING SWAP (IAS), COMMODITY CHANNEL INDEX, AFFORDABILITY INDEX, ARMS INDEX, BARRON'S CONFIDENCE INDEX, CAPITALIZATION-WEIGHTED INDEX, INDEX FUTURES, INDEX METHOD, INDEX MODEL, INDEX WARRANT