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Diamond
(redirected from Industrial Diamond)

   Also found in: Dictionary/thesaurus, Medical, Encyclopedia, Wikipedia, Hutchinson 0.17 sec.
Diamond
Registered name for interest in a trust that holds all 30 stocks included in the Dow Jones Industrial Average. Ownership of a Diamond allows an investor to track the DJIA with a single investment. Diamonds are traded on the American Stock Exchange under the symbol DIA.


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The quality of the stone is said to be exceptional which makes it eminently suitable for producing diamonds for jewelry purposes as opposed to using the stone for industrial diamond products.
The anticipated job losses add to the 207 being axed at Shannonbased industrial diamond firm Element Six as it continues to consider whether to reject or accept the Labour Court recommendations on its 'survival plan'.
WORKERS at the industrial diamond firm Element Six are to vote on whether to strike as management try to secure a rescue package, it was revealed last night.
 
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