National Association of Securities Dealers Automatic Quotation System (Nasdaq)

Definition:

An electronic quotation system that provides price quotations to market participants about the more actively traded common stock issues in the OTC market. About 4000 common stock issues are included in the Nasdaq system.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Risk-averse

Describes an investor who, when faced with two investments with the same expected return but different risks, prefers the one with the lower risk.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio