Definition of the FTSE index™ noun from the Oxford Advanced Learner's Dictionary


the FTSE index™

BrE BrE//ˈfʊtsi ɪndeks//
; NAmE NAmE//ˈfʊtsi ɪndeks//
(also the FT index
BrE BrE//ˌefˈtiː ɪndeks//
; NAmE NAmE//ˌefˈtiː ɪndeks//
, the Financial Times index, the Footsie™)
[singular] Economy
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a figure that shows the relative price of shares on the London Stock Exchange See related entries: Economy Word OriginFTSE, abbreviation of Financial Times Stock Exchange. Culture The FTSE Index refers especially to the FTSE 100-Share Index, which is the best known of the Financial Times Indices. It gives the share values of the 100 largest British companies every day. It is used to indicate the state of the British financial markets.