Sure! Let's break down the term "national association of securities dealers automated quotations," often abbreviated as NASDAQ.
Definition:
NASDAQ (noun) - A computerized system that provides price information for stocks and other securities that are traded directly between buyers and sellers, rather than on a traditional stock exchange.
Usage Instructions:
You can use "NASDAQ" when talking about stock prices or the stock market.
It is often mentioned in discussions about investing, trading, or financial news.
Example:
Advanced Usage:
In finance, "NASDAQ" is not just a system; it's also a major stock exchange where many technology companies are listed.
Investors often refer to the "NASDAQ index," which tracks the performance of stocks listed on the NASDAQ.
Word Variants:
Different Meanings:
Synonyms:
Stock market (though NASDAQ specifically refers to an automated system and exchange, while the stock market can refer to any trading venue).
Over-the-counter (OTC) trading system (as NASDAQ deals with securities traded outside of traditional exchanges).
Idioms and Phrasal Verbs:
Summary:
In summary, NASDAQ is an important term in finance that refers to both a computerized system for stock trading and a major stock exchange.