Diamond

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Diamonds

1. A unit investment trust in which the underlying asset is the Dow Jones Industrial Average. That is, diamonds are shares in a closed-end index fund tracking the DJIA. It is traded on the American Stock Exchange. It operates much like an exchange-traded fund, but, like all unit investment trusts, it has an expiration date, while ETFs do not. Its ticker symbol is DIA.

2. A valuable commodity consisting of very hard gem stones used in jewelry and tools. Diamonds may be traded on any of a number of exchanges. See also: Blood diamonds.

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.
References in periodicals archive ?
The study on Industrial Diamond has been completed by Merchant Research & Consulting Ltd, an internationally recognized market research agency, specializing in chemical industry.
Table 3: Global Industrial Diamond Market (2011): PercentageBreakdown of Demand for Synthetic Diamond and NaturalDiamond (includes corresponding Graph/Chart) II-5
Poltava Diamond Plant was established in 1966 as the largest and most important enterprise for industrial diamond in the USSR.
Element Six CEO Christian Hultner said that "Our factory in Suzhou employs exclusively Chinese technology in industrial diamond synthesis.
This important milestone is a critical step in meeting demand in both the gemstone and industrial diamond markets.
Talc and Pyrophyllite Market Review" is included into the catalogue "Minerals", which also covers Asbestos, Barite, Bentonite, Bromine, Gypsum,Iodine, Industrial Diamond, Lime, Mica, Phosphates, Salt markets.
Another of its subsidiaries, Sibeka, owns 20% of the industrial diamond company, MIBA, which started to increase production last year after a long crisis period.
In 1946, when the Industrial Diamond Association was launched, only three products were available - stones, crushed boart, and micron powders.
Pumice and Pumicite Market Review" is included into the catalogue "Minerals", which also highlights Asbestos, Barite, Bentonite, Bromine, Gypsum,Iodine, Industrial Diamond, Lime, Mica, Phosphates, Salt markets.
About Eloquence Corporation Eloquence Corporation, doing business as MWI Eloquence, was established in 1954 and initially operated exclusively in the industrial diamond business.
The breadth and depth of the topics covered at the Diamond at Work Conference make it one of the industrial diamond sector's premier events which is why we are pleased to give the conference our support," says Christian Hultner, Element Six CEO.
For lighter sections, a vertical bandsaw with a 60-grit industrial diamond blade and flood cooling works well.

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