Arithmetic Index

Business, Legal & Accounting Glossary

Definition: Arithmetic Index

Arithmetic Index

Full Definition of Arithmetic Index

A purely mathematical average index of securities, based on the changes in each component divided by the sum of all index components, without taking into account financial weighting factors such as market capitalization or share price.

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Page URL
Modern Language Association (MLA):
Arithmetic Index. Payroll & Accounting Heaven Ltd. November 30, 2021
Chicago Manual of Style (CMS):
Arithmetic Index. Payroll & Accounting Heaven Ltd. (accessed: November 30, 2021).
American Psychological Association (APA):
Arithmetic Index. Retrieved November 30, 2021, from website:

Definition Sources

Definitions for Arithmetic Index are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.