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 recent exponential growth in Dubai's polished diamond trade was mainly driven by India, Belgium and Hong Kong, which were the top polished diamond trade partners for Dubai, and jointly accounted for $4.
Nowhere in the world, diamond buyers will find such a rich variety and choice of polished diamonds under a single roof, at great prices.
The auction was exclusively for polished diamonds of various sizes and qualities with the largest diamond being 21 carats in weight.
IDL provides diamond traders and jewellers with quality reports/certificates of authentication of polished diamonds.
The growth in the exports of polished diamond was 11% to $692.
Vyacheslav Raevskiy, the deputy general director of Russia's major polished diamond producer, Kristall said that Alrosa's clients were only expected to buy 60% of the diamonds they were offered, as recently as August.
Analysis further revealed that the stone could alternatively yield a D flawless diamond of up to 300 carats, the largest D flawless polished diamond since the production of the British Crown Jewels.
The fire and brilliance of a well-made polished diamond is guaranteed to capture the fascination of all 'lovers' this Valentine's Day.
The surge in Dubai's polished diamond trade was mainly fuelled by the key trading partners of India, Belgium and Hong Kong, which together accounted for $4.
Polished diamond buyers should inquire about the source when being offered diamonds with a greenish hue in G-Z and faint green colors.
The September show will also feature an exclusive polished diamond auction by the Rapaport Group.
will be carrying out a polished diamond tender this month.