subindex

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sub⋅in⋅dex

[suhb-in-deks]

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–noun, plural -dex⋅es, -di⋅ces [-duh-seez]

1.	an index to a part or subdivision of a larger category.

2.	inferior (def. 11).

Origin:
1920–25; sub- + index

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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sub·in·dex (sŭb-ĭn'děks)

n. pl. sub·in·di·ces (-dĭ-sēz')

Mathematics A subscript.
pl. sub·in·dic·es or sub·in·dex·es An index of measurement based on relatively few variables, especially a trade index based on the performance of a particular group or type of stocks.

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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Financial Dictionary

Subindex

A group of securities that is part of an index but is also tracked separately as a smaller, separate index.

Investopedia Commentary

A software index, for example, would be a sub-index of a computer index.

Related Links

Index Investing Tutorial

See also: Index, Index Fund, Sector Fund

Financial Dictionary

subindex

An index based on a particular category of components that make up a larger index. For example, the Nasdaq Composite Index is subdivided into 11 subindexes for categories including banks, computers, industrials, insurance, and telecommunications. Subindexes provide an indication of how particular segments of the market are performing.

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