Define: Nasdaq

Business, Legal & Accounting Glossary

Definition: Nasdaq



What is the dictionary definition of Nasdaq?

Dictionary Definition


The Nasdaq Stock Market, (listen) also known as Nasdaq, is an American stock exchange located at One Liberty Plaza in New York City.


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Full Definition of Nasdaq


As the world’s largest electronic stock market, Nasdaq executes hundreds of millions of transactions daily. Nasdaq has a history of listing emerging companies that might not otherwise have access to capital markets.

The Nasdaq Stock Market began in 1968 as an electronic quotation service established by the National Association of Securities Dealers (NASD). In 1971 it was reorganized as the world’s first electronic stock market. In 1997 listing requirements were significantly upgraded, and Nasdaq split into the Nasdaq National Market (NasdaqNM) for large companies and the Nasdaq Small-Cap (NasdaqSC) for smaller ones. NasdaqSC has less stringent listing requirements than NasdaqNM. By 2002, in response to SEC concerns over conflicts of interest, the NASD had divested itself of all ownership in Nasdaq. Nasdaq is currently a for-profit publicly-traded company listed on NasdaqNM as NDAQ.


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Nasdaq. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 05, 2020 https://payrollheaven.com/define/nasdaq/.
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Nasdaq. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/nasdaq/ (accessed: April 05, 2020).
American Psychological Association (APA):
Nasdaq. PayrollHeaven.com. Retrieved April 05, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/nasdaq/

Definition Sources


Definitions for Nasdaq 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: 9th February, 2020