Equity Index means the Standard & Poor 's 500 Composite Stock Price Index which is a market value - weighted index consisting of 500 common stocks of large U.S. domiciled companies selected by Standard and Poor 's Corporation ("S&P") through a detailed screening process starting on a macro - economic level and working toward a micro -economic level dealing with company specific information such as market value, industry group...
A financial index produces a numeric score based on inputs such as a variety of asset prices. It can be used to track the performance of a group of assets in a standardized way. Indexes typically measure the performance of a ba… See more
DA:27PA:38MOZ Rank:7
What Are Equity-Indexed Annuities? - SmartAsset | SmartAsset