index number

index number

n.

A number indicating change in magnitude, as of price, wage, employment, or production shifts, relative to the magnitude at a specified point usually taken as 100.

Thesaurus

Noun

1.

index number - 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 indicator, index, indicant fact - a statement or assertion of verified information about something that is the case or has happened; "he supported his argument with an impressive array of facts" BMI, body mass index - a measure of someone's weight in relation to height; to calculate one's BMI, multiply one's weight in pounds and divide that by the square of one's height in inches; overweight is a BMI greater than 25; obese is a BMI greater than 30 business index - a statistical compilation that provides a context for economic or financial conditions; "this business index is computed relative to the base year of 2005" leading indicator - one of 11 indicators for different sections of the economy; used by the Department of Commerce to predict economic trends in the near future price index, price level - an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time short account - the aggregate of short sales on an open market stock index, stock market index - index based on a statistical compilation of the share prices of a number of representative stocks