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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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Bortz, 41, of Towne Construction in Batavia, said he'd pour any fuel savings back into his company, to pay down long-term debt, hire more operators, and buy more bulldozers and excavators.
In a paper entitled, "How Fast Do We Age?" Bortz plotted age-related decline across athletes aged 20 to 70.
At the gathering, Jones had several drinks, but none of the people with them noticed that either Jones or Bortz was particularly intoxicated.
Bortz notes that despite the increased clinical burdens his LTC residents experience, "our family continues to enjoy caring for the elderly.
Although Steiker affirmed that he's still involved with the NBA as a consultant, he had no comment on the cancellation of the first two weeks of the season or details surrounding Bortz Media's current engagement with the league.
They agreed with Bortz, who said the sex was consensual, Fox News reports.
"It is an incredibly broad and far-reaching proposal." Neither he, nor Bortz, nor Graff believes that a final regulation regarding the definition of fiduciary will be issued in 2011 -- but that doesn't make it a topic to be ignored (see "Up in the Air," page 30).
In June, Pebblebrook Hotel Trust (PEB.N), run by industry veteran Jon Bortz, bought its first hotel, Doubletree Bethesda Hotel and Executive Meeting Center, for $67.1 million.
Much of the disease and disability once attributed solely to the process of aging is more often a function of personal habits, such as limited physical activity As Walter Bortz (2007) comments in his book, We Live Too Short and Die Too Long, "An unused engine rusts.
The EBRD's debt and equity facility was converted into Centerra Gold shares at its IPO in June 2004, half of which were divested in 2007."Through its work with Centerra Gold the EBRD has supported the development of the mining industry in the region and Centerra Gold's efforts in the Kyrgyz Republic, demonstrating mining's viability in the country to the international industrial community", said Kevin Bortz, EBRD Director for Natural Resources.The EBRD said it remains committed to support the development of the gold sector in Kyrgyzstan and Mongolia by promoting private ownership and raising further health and safety standards in the mining industry.
announces that Tim Bortz is its new director of business development.
T-Test was used to analyze whether a difference regarding the mean could be found (Bortz, 2005).