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English definition of “weighted index”

weighted index

noun [C]     FINANCE, STOCK MARKET
an index that takes into account the importance of particular things, for example the amount of trade between each of the countries involved : The Russell 2000 Index TR is a total return weighted index . On the Reserve Bank's Trade Weighted Index the Australian dollar ended on Friday at 55.6, down from 56.8 the previous week .
(Definition of weighted index noun from the Cambridge Business English Dictionary © Cambridge University Press)
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