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 ?
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.
Bortz plotted age-related decline across athletes aged 20 to 70.
Two nights later, after work, Jones was outside the barracks talking on her cell phone when Tumbarella and Bortz came by and invited her to join some coworkers who were having drinks outside another barrack.
After the ceremony I asked Bortz for his thoughts on owning and operating nursing facilities.
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.
and a former KBR firefighter, Charles Bortz, whom she identified as one of her rapists.
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).
We are delighted to partner with UniCredit Bulbank in financing this important project that will help Chelopech Mining to improve its operations and raise environmental standards", said Kevin Bortz, EBRD Director for Natural Resources.
After the use of both mechanisms, the sludge is then taken to the Shenandoah County Landfill, according to a preliminary engineering report by Peed and Bortz civil and environmental engineering firm.
N), run by industry veteran Jon Bortz, bought its first hotel, Doubletree Bethesda Hotel and Executive Meeting Center, for $67.
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.
announces that Tim Bortz is its new director of business development.