iShares

iShares definition - business

iShares

Exchange-traded funds with portfolios based on a series of stock indexes, including the S&P indexes, the Dow Jones indexes, and the Russell indexes. Shares of each fund represent proportional ownership of individual stocks that make up the index on which the fund is based.

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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