Meaning SPDRS: SPDRs (Spiders) are designed to track the value of the Standard ; Poor's 500 Composite Price Index. Stands for Standard ; Poor's Depositary Receipt. They trade on the American Stock Exchange under the symbol SPY. SPDRs are similar to closed-end funds but are formally known as, a unit investment trust. One SPDR unit is valued at approximately one-tenth (1/10) of the value of the S;P 500. Dividends are disbursed quarterly, and are based on the accumulated stock dividends held in trust, less any expenses of the trust. See: Mid-cap SPDR
More terms such as SPDRs in Dictionary S.
- Definition Subject To A Print/Execution/Trading:
- Examples Contingent on execution of a trade because the picture in the stock has not been materially altered spdrs definition.
- Definition Settlement Rate:
- Examples in Financial Accounting Standards Board (FASB) 87 for discounting the obligations of a pension plan. The rate at which the pension benefits could be effectively settled if the company sponsoring the spdrs explain.
- Definition Statement Of Condition:
- Examples A document describing the status of assets, liabilities, and equity of a person or business at a particular time spdrs what is.
- Definition Selected Dealer Agreement:
- Examples The set of rules governing the selling group in an underwriting spdrs meaning.
- Definition Speculation:
- Examples investments that present the possibility of large profits, but also pose a higher-than-average possibility of loss. A profitable strategy over the long term if undertaken by professionals who hedge spdrs abbreviation.
