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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Arithmetic Index. PayrollHeaven.com. Retrieved November 30, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/arithmetic-index/

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.