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bourse

 
Dictionary: bourse   (bʊrs) pronunciation
 
n.

A stock exchange, especially one in a continental European city.

[French, purse, bourse, from Late Latin bursa, bag. See bursa.]


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"Bourse" is the European way of saying "stock exchange"; by extension it has come to mean any non-American market for the trading of stocks and bonds:

"A flood of sell orders forced the Tokyo Stock Exchange — the world's second-largest bourse — to close about 20 minutes earlier than normal after investors were shaken by an investigation into possible securities violations at Web portal operator Livedoor."

Link: U.S. stocks fall as tech and energy shares stumble

Posted January 19, 2006.

 

Any European stock exchange.

Investopedia Says:
This French term can be used to refer to any European exchange; however, it is most often used in reference to the Paris Stock Exchange.

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Be in the know - learn about the five most talked about indexes and what makes them all different. A Market By Any Other Name


 
Banking Dictionary: Bourse
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French for stock exchange; a generic term for European exchanges trading listed securities, and in some countries, foreign exchange. It is used most often in France and Belgium. Called borsa in Italy and borse in Germany.

 
bourse (bʊrs) , term applied to a European stock exchange. The first international bourse was established in Antwerp in the 16th cent. The Paris bourse, dating from 1720 but completely reorganized in 1999, consists of the main exchange, equivalent to the New York Stock Exchange, plus the Matif (the derivatives exchange) and the Monep (the equity and index options market). In 1999 the Paris bourse and seven other major European bourses agreed to form a partnership that would create a pan-European stock exchange. That same year, the Paris bourse signed an agreement with the Chicago Mercantile Exchange and the Singapore International Money Exchange to create a “global alliance” covering the European, U.S., and Asian time zones, allowing for trading 24 hours a day.


 
Obscure Words: bourse
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exchange, specif: a European stock exchange
 
 

 

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Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2007. Published by Houghton Mifflin Company. All rights reserved.  Read more
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Investment Dictionary. Copyright ©2000, Investopedia.com - Owned and Operated by Investopedia Inc. All rights reserved.  Read more
Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more
Columbia Encyclopedia. The Columbia Electronic Encyclopedia, Sixth Edition Copyright © 2003, Columbia University Press. Licensed from Columbia University Press. All rights reserved. www.cc.columbia.edu/cu/cup/  Read more
Obscure Words. © 2008 by Michael A. Fischer http://home.comcast.net/~wwftd Read more

 

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