financial times industrial ordinary share index: meaning, definition, pronunciation and examples
RareFormal, Historical, Financial
Quick answer
What does “financial times industrial ordinary share index” mean?
A historic UK stock market index tracking the share price performance of major British industrial companies.
Audio
Pronunciation
Definition
Meaning and Definition
A historic UK stock market index tracking the share price performance of major British industrial companies.
Originally known as the FT 30 Index, it was the first significant index of leading UK industrial shares, launched by the Financial Times newspaper in 1935. It served as a key benchmark for the British economy until largely superseded by broader indices like the FTSE 100.
Dialectal Variation
British vs American Usage
Differences
The index is exclusively British in origin and historical usage. In American financial contexts, equivalent historical benchmarks would be referenced (e.g., the Dow Jones Industrial Average).
Connotations
In the UK, it connotes financial history, post-war industry, and traditional capitalism. It has no specific connotations in general American usage.
Frequency
Extremely rare in contemporary American English. In UK financial history texts, it appears with moderate frequency.
Grammar
How to Use “financial times industrial ordinary share index” in a Sentence
[The] Financial Times Industrial Ordinary Share Index [verb e.g., rose/fell/was launched]Vocabulary
Collocations
Examples
Examples of “financial times industrial ordinary share index” in a Sentence
verb
British English
- The portfolio was benchmarked against the Financial Times Industrial Ordinary Share Index.
- Analysts still reference the index when studying post-war trends.
American English
- N/A (not used as a verb).
adverb
British English
- N/A
American English
- N/A
adjective
British English
- N/A (proper noun used attributively, e.g., 'FT Industrial Ordinary Share Index data').
American English
- N/A
Usage
Meaning in Context
Business
Used in historical analysis of UK stock market performance and economic reports.
Academic
Found in economic history papers, financial history books, and analyses of 20th-century British industry.
Everyday
Virtually never used in everyday conversation.
Technical
Referenced in specialized texts on index construction, financial benchmarking history, and archival market data.
Vocabulary
Synonyms of “financial times industrial ordinary share index”
Strong
Neutral
Weak
Vocabulary
Antonyms of “financial times industrial ordinary share index”
Watch out
Common Mistakes When Using “financial times industrial ordinary share index”
- Incorrectly calling it the 'FTSE Index' (the FTSE was created later).
- Omitting 'Industrial Ordinary'.
- Using it as a general term instead of a proper noun (e.g., 'a financial times index').
FAQ
Frequently Asked Questions
No, it is primarily of historical interest. It was calculated until 2019 but had long been eclipsed in importance by broader indices like the FTSE 100 and FTSE All-Share.
It refers to common equity shares, as opposed to preference shares or other financial instruments, indicating the index tracked the standard voting shares of companies.
It contained 30 leading British industrial companies, hence its common nickname 'FT 30'.
It is a good example of a complex, domain-specific proper noun. Understanding its components (Financial Times, Industrial, Ordinary Share, Index) builds vocabulary for finance and history, and learning about its historical context aids comprehension of older financial texts.
A historic UK stock market index tracking the share price performance of major British industrial companies.
Financial times industrial ordinary share index is usually formal, historical, financial in register.
Financial times industrial ordinary share index: in British English it is pronounced /faɪˌnæn.ʃəl ˈtaɪmz ɪnˌdʌs.tri.əl ˈɔː.dɪn.ri ʃeər ˈɪn.deks/, and in American English it is pronounced /fəˈnæn.ʃəl ˈtaɪmz ɪnˌdʌs.tri.əl ˈɔːr.də.ner.i ʃer ˈɪn.deks/. Tap the audio buttons above to hear it.
Phrases
Idioms & Phrases
- “N/A”
Learning
Memory Aids
Mnemonic
Think: FINANCIAL TIMES (the newspaper) created an INDEX for ORDINARY SHARES of INDUSTRIAL companies.
Conceptual Metaphor
BAROMETER OF INDUSTRY (A specific measure of the health and direction of the industrial sector).
Practice
Quiz
What is the Financial Times Industrial Ordinary Share Index?