The divine.ca Money 101: Glossary of Terms is the ultimate online resource for finance- and investment-related terms. Browse through the complete list of terms, sort them by letter, or use the search field to find the exact money term you’re looking for.
An index that shows how certain stocks have traded and used to gauge the performance of the industrial sector of the American stock market. The average is computed from the stock prices of 30 of the largest and most widely held public companies in the United States. Also referred to as "Dow Jones" or "The Dow" for short.
(1) Refers to the excess of assets over liabilities.
(2) Refers to the net worth of a company.
(3) The value of an ownership interest in a property.
(4) A stock can also be called 'equity' because it represents ownership of a company.