|
Stock Market Index
A stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current price levels with past prices to calculate market performance.[1] It is computed from the prices of selected stocks (typically a weighted arithmetic mean). Two of the primary criteria of an index are that it is investable and transparent:[2] The method of its construction are specified. Investors can invest in a stock market index by buying an index fund, which are structured as either a mutual fund or an exchange-traded fund, and "track" an index. The difference between an index fund's performance and the index, if any, is called tracking error [...More Info...] [...Related Items...] |
Asset
In financial accounting, an asset is any resource owned by a business or an economic entity. It is anything (tangible or intangible) that can be owned or controlled to produce value and that is held by an economic entity and that could produce positive economic value. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).[1] The balance sheet of a firm records the monetary[2] value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business.[1] One can classify assets into two major asset classes: tangible assets and intangible assets [...More Info...] [...Related Items...] |
New York Mutuals Navy, white In 1870, Mutual of New York was leading 13-12 in the deciding game of its series with the Chicago White Stockings when Mutual left the field in protest. Officials decided to revert the score to the end of the last completed inning and awarded the game, and thus the championship, to Chicago. The Mutual club declared itself champion. |
[...More Info...] [...Related Items...]