Dow Jones Industrial Average Law and Legal Definition
The Dow Jones Industrial Average (DJIA) is one of several stock market indices created by Wall Street Journal editor and Dow Jones & Company founder Charles Dow. Dow created the index as a method of measuring performance of the industrial component of America's stock markets. It is the oldest existing U.S. market index, and is comprised of a weighted average of the prices of its component stocks. There are currently 30 stocks comprising the index as of his writing.
Legal Definition list
Related Legal Terms
- 10-Year Average Accident Rate
- Additional Take Down
- Adjoining Landowners
- Adjusted Average Fuel Economy
- Admeasurement of Dower
- Administrative Takedown Funds [Transportation]
- Affected Landowners
- American Federation of Labor Congress of Industrial AFLCIO
- American Society of Industrial Security [ASIS]
- Assignment of Dower
