NASDAQ

[ nas-dak, naz- ]

noun
  1. National Association of Securities Dealers Automated Quotations: a system for quoting over-the-counter securities.

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British Dictionary definitions for NASDAQ

NASDAQ

/ (ˈnæzdæk) /


n acronym for(in the US)
  1. National Association of Securities Dealers Automated Quotations System

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Cultural definitions for NASDAQ

NASDAQ

An electronic stock market, where all trading takes place through NASDAQ's computer network rather than at a central trading location. Started in 1971, NASDAQ surpassed the New York Stock Exchange in annual share volume during the 1990s, mainly because of its popularity with investors of emerging high-tech (see also high-tech) companies. Microsoft®, for example, is listed on NASDAQ.

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.