weighted index
noun[C]
FINANCE,STOCK MARKETukusanindexthattakesintoaccounttheimportanceofparticularthings, forexampletheamountoftradebetween each of thecountriesinvolved:
The Russell 2000 Index TR is atotalreturnweightedindex.
On the Reserve Bank's Trade Weighted Index the AustraliandollarendedonFridayat 55.6, down from 56.8 thepreviousweek.