Concept information
Preferred term
stock exchanges
Definition(s)
- A stock exchange (sometimes called a securities exchange or, especially in Europe, a bourse) is both a physical facility and an organization or company that facilitates the trade of stock shares and other securities. Because so much trading is conducted outside the physical facility—electronically or through brokers—there are fewer regional stock exchanges than there once were; more than half of the stock exchanges in the United States closed or merged with others during the 20th century, as the business of exchange reduced the need for a separate stock exchange in Arizona, Buffalo, Louisville, and so forth. [Source: Encyclopedia of Business in Today's World; Stock Exchanges]
Broader concept(s)
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-TG83B1BR-9
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