leader(redirected from fairlead)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
The stocks with the highest trading volume over a given period of time. Leadership may give an indication of future market movements. That is, a large amount of interest in certain stocks may mean that the market will continue to be interested in them. Leadership may be either good or bad for the market. For example, poor leadership may result from too much speculation, while solid leadership comes from sustainable investing practices. It is also called market leadership.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
An active stock that tends to lead the general market in price movements. For example, strength and activity may have made a stock a leader in a recent upward market movement.
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.