S&P Index definition

S&P Index means the Standard & Poors 500 Total Return Index (Symbol: SPXT) of large capitalization U.S. stocks or any successor index.
Sample 1Sample 2Sample 3
S&P Index means the Standard & Poor’s 500 Index;
Sample 1Sample 2Sample 3
S&P Index means the S&P Food & Beverage Select Industry Index, as constituted from time to time.
Sample 1Sample 2Sample 3

Examples of S&P Index in a sentence

  • Standard & Poor’s has no obligation to take the needs of either the Issuer or the Noteholders into consideration in composing, determining or calculating the S&P Index (or causing the S&P Index to be calculated).

  • S&P chooses companies for inclusion in the S&P Index with the aim of achieving a distribution by broad industry groupings that approximates the distribution of these groupings in the common stock population of the New York Stock Exchange, which S&P uses as an assumed model for the composition of the total market.

  • This means that a change in the price of any stock is weighted by the total market capitalisation of the company rather than its price per stock.Stock prices are taken from the New York Stock Exchange and the S&P Index is currently updated each minute of the day, from 9:30a.m. to 4:30p.m. (New York time), in order to provide accurate information on a continuous real time basis.

  • The level of the S&P Index appears, inter alia, on Bloomberg Ticker SPX Index.

  • Disclaimer The S&P Index is currently sponsored by Standard & Poor’s, a Division of the McGraw-Hill Companies, Inc.

  • The Issuer does not take any responsibility for the accuracy or completeness of such information.Calculation of the S&P Index The S&P Index is published by S&P and is intended to provide an indication of the pattern of common stock price movement of the stocks included in the S&P Index.

  • In addition, Standard & Poor’s makes no warranty or representation whatsoever, express or implied, as to the results to be obtained form the use of the S&P Index and/or the level at which the S&P Index stands at any particular time on any particular day or otherwise, and shall not be liable whether in negligence or otherwise, to the Issuer or any Noteholders for any error in the S&P Index or under any obligation to advise the Issuer or any Noteholders of any error therein.

  • S&P may from time to time, in its sole discretion, add companies, to, or delete companies from, the S&P Index to achieve the objectives stated above.The S&P Index is a weighted arithmetic index.

  • All corporate action treatment (splits, rights issues, etc.) will follow standard S&P Index methodology and any changes, adjustments, enhancements or other modifications to the S&P Index shall be at S&P’s full discretion without being subject to Licensee’s approval or consent.

  • The S&P index upon which the Index is based will be maintained in accordance with S&P's present methodology and any changes, adjustments, enhancements or other modifications to the S&P Index shall be at S&P's full discretion.


More Definitions of S&P Index

S&P Index means the Standard & Poors 500 index of large capitalization U.S. stocks or any successor index.
Sample 1Sample 2Sample 3
S&P Index means the S&P Weekly High Grade Index maintained by S&P.
Sample 1Sample 2
S&P Index means the S&P GSCITM Light Energy Index.
Sample 1
S&P Index means the S&P GSCITM Index.
Sample 1

Related to S&P Index

  • Base Index means the most recent Consumer Price Index published immediately prior to the Commencement Date.

  • Final Index Level : means the Closing Level of the FTSE 100 Index on the Investment End Date.

  • Underlying Index means each of the S&P 500 Index, the Russell 2000 Index, the MSCI EAFE Index, and the MSCI Emerging Markets Index. The “Pricing Date” shall mean November 30, 2010. The “Starting Price” is 100. The “Ending Price” will be calculated based on the weighted returns of the Basket Components and will be equal to the product of (i) 100 and (ii) an amount equal to 1 plus the sum of: (A) 45% of the Component Return of the SPDR S&P 500 ETF Trust; (B) 20% of the Component Return of the iShares Russell 2000 Index Fund; (C) 20% of the Component Return of the iShares MSCI EAFE Index Fund; and (D) 15% of the Component Return of the iShares MSCI Emerging Markets Index Fund. The “Component Return” of a Basket Component will be equal to: Final Component Price – Initial Component Price Initial Component Price where, • the “Initial Component Price” is the Fund Closing Price of such Basket Component on the Pricing Date; and • the “Final Component Price” will be the Fund Closing Price of such Basket Component on the Calculation Day. The Initial Component Prices of the Basket Components are as follows: SPDR S&P 500 ETF Trust (118.48); iShares Russell 2000 Index Fund (72.70); iShares MSCI EAFE Index Fund (54.25); and iShares MSCI Emerging Markets Index Fund (44.77). The “Fund Closing Price,” with respect to a Basket Component on any Trading Day, means the product of (i) the Closing Price of one share of such Basket Component (or one unit of any other security for which a Fund Closing Price must be determined) on such Trading Day and (ii) the Adjustment Factor applicable to such Basket Component on such Trading Day. The “Closing Price” with respect to a share of a Basket Component (or one unit of any other security for which a Closing Price must be determined) on any Trading Day means the price, at the scheduled weekday closing time, without regard to after hours or any other trading outside the regular trading session hours, of the share on the principal United States securities exchange registered under the Securities Exchange Act of 1934, as amended, on which the share (or any such other security) is listed or admitted to trading. The “Adjustment Factor” means, with respect to a share of a Basket Component (or one unit of any other security for which a Fund Closing Price must be determined), 1.0, subject to adjustment in the event of certain events affecting the shares of such Basket Component. See “Anti-dilution Adjustments Relating To A Basket Component; Alternate Calculation—Anti-dilution Adjustments.” The “Capped Value” is 138% of the Face Amount of this Security. The “Threshold Price” is equal to 85% of the Starting Price. The “Participation Rate” is 125%.

  • Initial Index Level means the closing level of the FTSE 100 on the Start Date.