Nasdaq

Nasdaq definition - business

Nasdaq

The world's largest electronic stock market, with trades executed through a computer and telecommunications network connecting market makers, electronic communications networks, and order-entry firms. Nasdaq trading commenced in 1971, when the National Association of Securities Dealers owned the system. Formerly called National Association of Securities Dealers Automated Quotation System.

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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