Universe


Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Idioms, Encyclopedia, Wikipedia.
Related to Universe: Planets, NASA, solar system

Universe

A group of securities, assets or anything else with similar characteristics. One may consider, for example, a universe of stocks in the same industry. Universes are useful when comparing one data point to others in order to maintain control over systematic factors.

Universe.

In the world of investments, the word universe refers to a specific group or category of investments that share certain characteristics.

A universe might be the stocks that are included in a particular index, the stocks evaluated by a particular analytical service, or all the stocks in a particular industry.

References in classic literature ?
He had a rich abundance of idle time, but it never hung heavy on his hands, for he interested himself in every new thing that was born into the universe of ideas, and studied it, and experimented upon it at his house.
Miranda grumbled without ceasing during the progress of her hasty toilet, blaming everybody in the universe for the afflictions she had borne and was to bear during the day; she even castigated the Missionary Board that had sent the Burches to Syria, and gave it as her unbiased opinion that those who went to foreign lands for the purpose of saving heathen should stay there and save 'em, and not go gallivantin' all over the earth with a passel o' children, visitin' folks that didn't want 'em and never asked 'em.
If all else perished, and HE remained, I should still continue to be; and if all else remained, and he were annihilated, the universe would turn to a mighty stranger: I should not seem a part of it.
The one thing in the whole universe that I long to do most.
In the howling universe of passion and contention that seemed to encompass this grim old officer conspicuous in his grey coat and red decoration, there was but one quite steady figure, and that was a woman's.
When we got into the street (which was strange enough to me) and smelt the fish, and pitch, and oakum, and tar, and saw the sailors walking about, and the carts jingling up and down over the stones, I felt that I had done so busy a place an injustice; and said as much to Peggotty, who heard my expressions of delight with great complacency, and told me it was well known (I suppose to those who had the good fortune to be born Bloaters) that Yarmouth was, upon the whole, the finest place in the universe.
He had no hope that had not long been my despair, no aversion that I had not accepted among the more or less comfortable conditions of the universe.
Thus roving on In confus'd march forlorn, th' adventrous Bands With shuddring horror pale, and eyes agast View'd first thir lamentable lot, and found No rest: through many a dark and drearie Vaile They pass'd, and many a Region dolorous, O're many a Frozen, many a Fierie Alpe, Rocks, Caves, Lakes, Fens, Bogs, Dens, and shades of death, A Universe of death, which God by curse Created evil, for evil only good, Where all life dies, death lives, and nature breeds, Perverse, all monstrous, all prodigious things, Abominable, inutterable, and worse Then Fables yet have feign'd, or fear conceiv'd, GORGONS and HYDRA'S, and CHIMERA'S dire.
Golbasto Momarem Evlame Gurdilo Shefin Mully Ully Gue, most mighty Emperor of Lilliput, delight and terror of the universe, whose dominions extend five thousand BLUSTRUGS (about twelve miles in circumference) to the extremities of the globe; monarch of all monarchs, taller than the sons of men; whose feet press down to the centre, and whose head strikes against the sun; at whose nod the princes of the earth shake their knees; pleasant as the spring, comfortable as the summer, fruitful as autumn, dreadful as winter: his most sublime majesty proposes to the man-mountain, lately arrived at our celestial dominions, the following articles, which, by a solemn oath, he shall be obliged to perform:--
It may be that in the larger design of the universe this invasion from Mars is not without its ultimate benefit for men; it has robbed us of that serene confidence in the future which is the most fruitful source of decadence, the gifts to human science it has brought are enormous, and it has done much to promote the conception of the commonweal of mankind.
Yet there has always been this essential difference between them, that while the Buddhist regards the senses as windows looking out upon unreality and mirage, to the Taoist they are doors through which the freed soul rushes to mingle with the colours and tones and contours of the universe.
Frederick the Great was accustomed to say: "The older one gets the more convinced one becomes that his Majesty King Chance does three-quarters of the business of this miserable universe.