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Related to refractive index: Total internal reflection, refractometer


Statistical composite that measures changes in the economy or in financial markets, often expressed in percentage changes from a base year or from the previous month. Indexes measure the ups and downs of stock, bond, and some commodities markets, in terms of market prices and weighting of companies in the index.
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A statistical measure of the value of a certain portfolio of securities. The portfolio may be for a certain class of security, a certain industry, or may include the most important securities in a given market, among other options. The value of an index increases when the aggregate value of the underlying securities increases, and decreases when the aggregate value decreases. An index may track stocks, bonds, mutual funds, and any other security or investment vehicle, including other indices. An index's value may be weighted; for example, securities with higher prices or greater market capitalization may affect the index's value more than others. One of the most prominent examples of an index is the Dow Jones Industrial Average, which is weighted for price and tracks 30 stocks important in American markets.
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The relative value of a variable in comparison with itself on a different date. Many security price indicators such as the Standard & Poor's series and the New York Stock Exchange series are constructed as indexes. Also called stock index. See also base period.


To adjust a variable by a selected measure of relative value. For example, it has been proposed that an investor's basis on a security be indexed for changes in consumer prices so that only real increases in value will be taxed. Also called tax indexing. See also subindex.
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.


An index reports changes up or down, usually expressed as points and as a percentage, in a specific financial market, in a number of related markets, or in an economy as a whole.

Each index -- and there are a large number of them -- measures the market or economy it tracks from a specific starting point. That point might be as recent as the previous day or many years in the past.

For those reasons, indexes are often used as performance benchmarks against which to measure the return of investments that resemble those tracked by the index.

A market index may be calculated arithmetically or geometrically. That's one reason two indexes tracking similar markets may report different results. Further, some indexes are weighted and others are not.

Weighting means giving more significance to some elements in the index than to others. For example, a market capitalization weighted index is more influenced by price changes in the stock of its largest companies than by price changes in the stock of its smaller companies.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.


(1) A statistical indicator that measures changes in the economy in general or in particular areas.An example is the cost-of-living index.(2) A reference point against which measurements are taken for purposes of making future adjustments.An adjustable-rate mortgage might begin with an interest rate of 6 percent and provide that it will increase or decrease in a like percentage as the increase or decrease between today's quoted price for 10-year U.S.Treasury bonds and the price on the loan's annual anniversary date.We would say that 10-year T-bonds are the index.

Some leading loan indices include

• Wall Street Journal prime
• Federal discount rate
• Fed funds rate
• 11th District Cost of Funds
• 10-year Treasuries
• One-year LIBOR

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Ahmed, "Design of a surface plasmon resonance refractive index sensor with high sensitivity," Optical Engineering, vol.
Figure 9 shows that the directive gain is increased to 21.9 dB from 20.3 dB after introducing the gradient refractive index structure.
In Figure 4, the curve fitting results demonstrate that the transmittance reaches a peak value with the best match of the refractive index matching, whereas there are dips of transmittance as a result of the refractive index mismatch.
Table 1: Simulation Analysis Pressure level Effective Resonance Quality factor Refractive index Wavelength 0 Gpa 2.4 1500 150 1 Gpa 2.43 1510 116 2 Gpa 2.46 1525 138 3 Gpa 2.49 1530 75 4 Gpa 2.52 1545 55
The ability to use a LPFG to sense changes in the refractive index of the environment arises from the dependence of the effective refractive index for different ith cladding modes upon the difference between the refractive index of the cladding and the refractive index of the surrounding medium; as shown in (1), the resonance depends on the effective refractive index of the aforesaid cladding modes [2].
(14.) Imai, Y, Terahara, A, Hakuta, Y, Matsui, K, Hayashi, H, Ueno, N, "Transparent Poly(Bisphenol A Carbonate)-Based Nanocomposites with High Refractive Index Nanoparticles." Eur.
All the dielectric-metal interfaces are setup with impedance boundary conditions while the LC has been modeled as a dielectric with variable refractive index. Two ports are setup to measure the response of the grating.
When pore radius is constant, the effective refractive index of the fundamental mode increases with the applied voltage increasing.
Trying to bridge the gap between the inaccuracy of refractive index measurements, when used for contaminated wash baths and the inherent difficulty of analyzing unknown and non-volatile species through the use of GC, has fueled the drive to develop alternate technologies.
Past and present copies of the ABDO publication Ophthalmic Lenses Availability (OLA) from 2005 to 2013, demonstrate the incremental changes to the refractive index of plastic lens materials over time.