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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.
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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 ?
The Koh-i-Noor was reportedly one of the two most massive gems in Mughal ruler Shah Jahan's jewel-encrusted throne, along with the Timur Ruby, according to (https://www.smithsonianmag.com/history/true-story-koh-i-noor-diamondand-why-british-wont-give-it-back-180964660/) Smithsonian.com .
It also needs to be mentioned that India is not the only country that has claimed ownership of Koh-i-Noor. Pakistan, Iran and even Afghanistan, have laid claims over it.
The Koh-i-Noor is set in the crown worn by Queen Elizabeth, the mother of the reigning monarch, at the coronation of her husband George VI in 1937, and was placed on her coffin at her funeral in 2002.
A Hindi manuscript dating from 1306 refers to a curse on men who wear the koh-i-noor: "He who owns this diamond will own the world, but will also know all its misfortunes.
When the new British Prime Minister David Cameron visited India in November 2010 he was faced with the latest request for the return of the Koh-i-Noor, an iconic jewel which to some in India belongs in India.
Took me four weeks and three bottles of Dettol to get the black boot polish o my haw-maws...) You'll find the Koh-I-Noor next door to the previously-reviewed Black Sparrow (now one of my favourite watering holes) but, even if you're reading this online in Timbuktu, I bet you probably know exactly where it's located.
Size hit back with Koh-i-Noor, who took the mile event, before Allan landed the class one race over seven furlongs with Golden Years.
THE devastating fire at a Center Parcs village three days ago may be linked to the cursed Koh-i-Noor diamond in the crown on the Queen Mother's coffin.
The priceless crown, which is usually on display behind armoured glass at the Tower of London, contains the infamous Koh-i-Noor diamond, a stone with a long and bloody history.
In 1849, English officials in the Punjab seized the famed Lahore Treasury's most prized gem, the 186-carat Koh-i-noor diamond, for the queen, in accordance with the treaty imposed on the teenage Maharajah Dhulip Singh and his regents by the British.
India is to request the return of the Koh-i-noor diamond, surrendered to Queen Victoriaafter the 19th century British conquest of the Punjab and part of the British crown jewels since that date.