bogey

bogey definition - business

bogey

An index whose performance an investment manager attempts to match. For example, the S&P 500 may be the bogey for the portfolio manager of an index fund.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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