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New York Stock Exchange

noun

the largest stock exchange in the U.S., located in New York City. Abbreviation: NYSE, N.Y.S.E.

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Compare American Stock Exchange.

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Based on the Random House Dictionary, © Random House, Inc. 2012.
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a scrap or morsel of food left at a meal.

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New York Stock Exchange definition

A stock exchange in the United States, located on Wall Street in New York City. Traditionally the largest exchange, it was surpassed in annual share volume during the 1990s by NASDAQ.

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"Now, it may be stretching an analogy to compare epidemics of cholera—caused by a known agent—with that epidemic of violent crime which is destroying our cities. It is unlikely that our social problems can be traced to a single, clearly defined cause in the sense that a bacterial disease is "caused" by a microbe. But, I daresay, social science is about as advanced in the late twentieth century as bacteriological science was in the mid nineteenth century. Our forerunners knew something about cholera; they sensed that its spread was associated with misdirected sewage, filth, and the influx of alien poor into crowded, urban tenements. And we know something about street crime; nowhere has it been reported that a member of the New York Stock Exchange has robbed a poor, black teenager at the point of a gun. Indeed, I am naively confident that an enlightened social scientist of the next century will be able to point out that we had available to us at least some of the clues to the cause of urban crime."

-Gerald Weissmann

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