Meaning of “Standard and Poor's” in the English Dictionary

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"Standard and Poor's" in Business English

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Standard and Poor'snoun

uk us 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” from the Cambridge Business English Dictionary © Cambridge University Press)