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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

American Stock Exchange

Definition:

The AMEX is a stock exchange, which is a place where shares, bonds, and stocks can be bought or sold. The AMEX happens to be the third-largest stock exchange in the U.S. and it's a private intentionally non-profit company. About 15% of all trades in the U.S. are made through the AMEX, and its competitive brethren are NYSE and NASDAQ