Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,724,246,500 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Dow Jones Transportation Averager

    0.06 sec.
Dow Jones Transportation Average®
A trademark for a stock average that uses the share prices of 20 large companies in an effort to show overall price movements in the stock of transportation-related firms. This average, which used to be limited to the stock of railroads, now includes those of airlines and trucking companies.
Dow Jones Transportation Averager
A stock market index founded in 1884 by Charles Dow that tracks (usually) 20 companies in the transportation industry. It is a price-weighted index, meaning that stocks with higher prices per share affect the average more. It also scales its averages to account for stock splits and other changes in the companies tracked. It includes stocks in shipping, airline, trucking, railroad and other transportation-related industries. It is the oldest actively used stock index in the world.


How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in
No references found
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2009 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.