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Composite

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com⋅pos⋅ite

  [kuhm-poz-it] adjective, noun, verb, -it⋅ed, -it⋅ing.
Use Composite in a Sentence
–adjective
1. made up of disparate or separate parts or elements; compound: a composite drawing; a composite philosophy.
2. Botany. belonging to the Compositae. Compare composite family.
3. (initial capital letter) Architecture. noting or pertaining to one of the five classical orders, popular esp. since the beginning of the Renaissance but invented by the ancient Romans, in which the Roman Ionic and Corinthian orders are combined, so that four diagonally set Ionic volutes, variously ornamented, rest upon a bell of Corinthian acanthus leaves. Compare Corinthian (def. 2), Doric (def. 3), Ionic (def. 1), Tuscan (def. 2).
4. Rocketry.
a. (of a rocket or missile) having more than one stage.
b. (of a solid propellant) composed of a mixture of fuel and oxidizer.
5. Nautical. noting a vessel having frames of one material and shells and decking of another, esp. one having iron or steel frames with shells and decks planked.
6. Mathematics. of or pertaining to a composite function or a composite number.
–noun
7. something composite; a compound.
8. Botany. a composite plant.
9. a picture, photograph, or the like, that combines several separate pictures.
–verb (used with object)
10. to make a composite of.
Origin:
1350–1400; ME (< MF) < L compositus (ptp. of compōnere to put together), equiv. to com- com- + positus placed; see posit

Related forms:
com⋅pos⋅ite⋅ly, adverb
com⋅pos⋅ite⋅ness, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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com·pos·ite   (kəm-pŏz'ĭt)   
adj.  

  1. Made up of distinct components; compound.

  2. Mathematics Having factors; factorable.

  3. Botany Of, belonging to, or characteristic of the composite family.

  4. Composite Architecture Of, relating to, or being in the Composite order.

n.  

  1. A structure or an entity made up of distinct components. See Synonyms at mixture.

  2. A complex material, such as wood or fiberglass, in which two or more distinct, structurally complementary substances, especially metals, ceramics, glasses, and polymers, combine to produce structural or functional properties not present in any individual component.

  3. Botany A composite plant.

  4. Mathematics The application of one function to another. For example, if ƒ(x) = x2 and g(x) = x + 1, then the composite ƒ(g(x)) = (x + 1)2 and the composite g(ƒ(x)) = x2 + 1.


[French, from Old French, from Latin compositus, past participle of compōnere, to put together; see component.]
com·pos'ite·ly adv., com·pos'ite·ness n.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Word Origin & History

composite  (adj.)
1563, from O.Fr. composite, from L. compositus, pp. of componere "to put together," from com- "together" + ponere "to place" (see position). The noun is attested from 1656.
Online Etymology Dictionary, © 2001 Douglas Harper
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Financial Dictionary

Composite

A grouping of equities, indexes or other factors combined in a standardized way, providing a useful statistical measure of overall market or sector performance over time. Also known as a "composite index".

Investopedia Commentary

Usually, a composite index has a large number of factors which are averaged together to form a product representative of an overall market or sector. For example, the Nasdaq Composite index is a market capitalization-weighted grouping of approximately 5,000 stocks listed on the Nasdaq market. These indexes are useful tools for measuring and tracking price level changes to an entire stock market or sector. Therefore, they provide a useful benchmark against which to measure an investor's portfolio. The goal of a well diversified portfolio is usually to outperform the main composite indexes.

Related Links

Index Investing Tutorial
A Market By Any Other Name
Indexes: The Good, The Bad And The Ugly

See also: CBOE Nasdaq Volatility Index - VXN, Dow Jones AIG Commodity Index (DJ-AIGCI), Goldman Sachs Commodity Index - GSCI, Index, Indexing, NYSE Composite Index, OEX, Standard and Poor's 500 Index - S&P 500, Theoretical Dow Jones Index, VIX - CBOE Volatility Index

Also spelled: Composite Index

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Computing Dictionary

composite
aggregate

The Free On-line Dictionary of Computing, © 1993-2007 Denis Howe
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