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American Stock Exchange

American Stock Exchange definition - legal

n

The second largest stock exchange in the United States. Located in New York City, it frequently engages in the trading of stock of small or new companies because of its less rigid listing requirements. Abbreviated as AMEX and ASE. See also New York Stock Exchange.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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