Standard & Poor's 500
The Standard & Poor's 500 Index (S&P 500) is based on a portfolio of 500 different stocks: 400 industrials, 40 utilities, 20 transportation companies, and 40 financial institutions. The weights of the stocks in the portfolio at any given time are proportional to their market capitalizations. The S&P 500 accounts for 80% of the market capitalization of all the stocks listed on the New York stock Exchange (NYSE). |
Similar financial terms
Standard DeviationA common measure of spread in the sampling distribution of a random variable. In a financial context, the standard deviation is commonly used to measure risk.
Standard & Poor's MidCap 400
The Standard & Poor's Midcap 400 Index is somewhat similar to the S&P 500, but is based on a portfolio of 400 stocks that have a lower market capitalization.
Statement of Financial Accounting Standards No. 52
This is the currency translation standard currently used by U.S. firms. It mandates the use of the current rate method.
Statement of Financial Accounting Standards No. 8
This is a currency translation standard previously in use by U.S. accounting firms.
Standardized value
Also called the normal deviate, the distance of one data point from the mean, divided by the standard deviation of the distribution.
Standardized normal distribution
A normal distribution with a mean of 0 and a standard deviation of 1.
Standard error
In statistics, a measure of the possible error in an estimate.
American National Standards (ANSI)
ANSI is a private, non-profit organization that administers and coordinates the U.S. voluntary standardization and conformity assessment.
American Standard Code for Information Interchange
American Standard Code for Information Interchange (ASCII) is the most common format for text files in computers and on the internet.
M&A
Mergers and Acquisitions
R&D
Research and Development
TT&L account
Treasury tax and loan account at a bank.
P&S
Purchase and sale statement. A statement provided by the broker showing change in the customer's net ledger balance after the offset of a previously established position(s).
P&L
Profit and loss statement for a trader.
TMWX (Wilshire 5000 Total Market Index)
The TMWX measures the performance of all U.S. headquartered equity securities with readily available price data.
