stock market index

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Noun1.stock market index - index based on a statistical compilation of the share prices of a number of representative stocksstock market index - index based on a statistical compilation of the share prices of a number of representative stocks
index number, indicator, index, indicant - a number or ratio (a value on a scale of measurement) derived from a series of observed facts; can reveal relative changes as a function of time
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Passive investment management (also known as index management) is an investment style that enables fund managers to achieve a rate of return that is in line with a given stock-market index.