american stock exchange

Friendly

American Stock Exchange (AMEX)

Definition:
The American Stock Exchange, often abbreviated as AMEX, is a stock exchange located in New York City where stocks (shares of companies) are bought and sold.

Usage Instructions:

• Use "American Stock Exchange" when talking about this specific marketplace for trading stocks.
• It is often used in discussions about finance, investing, and the economy.

Example Sentence:

• "Many investors choose to buy and sell their stocks on the American Stock Exchange."

Advanced Usage:

• The American Stock Exchange focuses on smaller companies compared to the New York Stock Exchange (NYSE), which is larger and more well-known.
• AMEX was known for trading options and exchange-traded funds (ETFs), making it a unique player in the stock market.

Word Variants:

• AMEX: The abbreviation for the American Stock Exchange.
• Stock Exchange: A general term for any marketplace where stocks are traded, such as the NYSE or NASDAQ.

Different Meanings:

• While "American Stock Exchange" specifically refers to the stock market in New York, the term "stock exchange" itself can refer to any stock market in various countries (like the London Stock Exchange or Tokyo Stock Exchange).

Synonyms:

• Stock market
• Securities exchange

Idioms and Phrasal Verbs:

• There are no specific idioms or phrasal verbs directly associated with "American Stock Exchange," but you may hear phrases like:
  • "Go public" - when a company offers its stock to the public for the first time, often through a stock exchange.
  • "Trade on the exchange" - meaning to buy and sell stocks on a stock exchange.

Summary:

The American Stock Exchange is an important place for buying and selling stocks in the United States. It plays a role in the financial system and helps investors trade shares of companies.

Academic

Noun

1. a stock exchange in New York

Synonyms

• American Stock Exchange
• AMEX
• Curb