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Home > QFINANCE Dictionary > Definition of Wall Street

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Finance and Business Dictionary

Definition of "Wall Street"

  • 1

    US financial markets a collective name for the financial industry in the United States

  • 2

    financial district of New York City a street in Manhattan in and around which the New York Stock Exchange and other important financial institutions are located

Recommended Further Reading (Term count)

  • Burton Malkiel
    American economist, and author of classic finance book, A Random Walk Down Wall Street
    Burton Malkiel is an economist and author of the seminal investment book, A Random Walk Down Wall Street. He began his career in investment banking for Smith Barney & Co., before teaching at Princeton, where he became Professor of Economics at Princeton University, and Chairman of the Economics Department. He is a past appointee to the President’s Council of Economic Advisors, and has served on the boards of several financial corporations,...
  • A Non-Random Walk Down Wall Street
    Andrew W. Lo and A. Craig MacKinlay (1999)
    Two distinguished researchers and authors offer an in-depth and technical exposition of the movements of markets. Examines and challenges in detail the random walk hypothesis, which is considered one of the foundations of financial theory and modeling. Finds that markets are not completely random, and that predictable components do exist in recent stock and bond returns, confronting a precept of financial economics and many investment...
  • Jeremy Siegel
    Renowned finance academic, and writer
    Jeremy Siegel is Professor of Finance at the Wharton School of the University of Pennsylvania, and provides analysis of the economy and financial markets in the press, on television networks, and at conferences, and international programs. He writes regular columns for Kiplinger’s Personal Finance and Yahoo! Finance, and is an advisor to Wisdom Tree Investments. He has also contributed articles to The Wall Street Journal, Barron’s, Financial...
  • FIASCO: The Inside Story of a Wall Street Trader
    Frank Partnoy (1997)
    This is an insider’s account of working as a derivatives salesman at Morgan Stanley in the 1990s. It was the first book to examine the derivatives trading industry in detail, and it warned of the dangers of buying and selling products so complex that many of the traders did not understand them. Tells the story behind many of the best-known derivatives fiascos, including Orange County, Barings, and Procter & Gamble, where collectively billions of...

Definitions of ’Wall Street’ and meaning of ’Wall Street’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’Wall Street’ and other financial terms with our online QFINANCE Financial Dictionary.

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