Definition of Dow Jones Industrial Average in English:

Dow Jones Industrial Average

(also Dow Jones Average)

proper noun

  • An index of figures indicating the relative price of shares on the New York Stock Exchange, based on the average price of selected stocks.

Origin

From the name of Dow Jones & Co, Inc, a financial news agency founded by Charles H. Dow (1851–1902) and Edward D. Jones ( c 1855–1920), American economists whose company compiled the first average of US stock prices in 1884.

Pronunciation

Dow Jones Industrial Average

/ˌdou ˌjōnz inˌdəstrēəl ˈav(ə)rij//ˌdaʊ ˌdʒoʊnz ɪnˌdəstriəl ˈæv(ə)rɪdʒ/