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English definition of “Standard and Poor's”

Standard and Poor's

noun     (also Standard & Poor's 500 Stock Index™, abbreviation S & P) FINANCE, STOCK MARKET
a US ratings agency (= organization that calculates the risk that loans will not be paid back) that also publishes a share index (= list of the average prices of shares on a particular stock market ): It's among the world's top banks as rated by Standard & Poor's. Funds that bet on the Standard and Poor's index of 500 shares have gained nearly 10%.
(Definition of Standard and Poor's noun from the Cambridge Business English Dictionary © Cambridge University Press)
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