Wall Street
noun
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Definition of Wall Street
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More Definitions for Wall Street
Wall Street
nounFinancial Definition of Wall Street
What It Is
Wall Street is the name used to describe the place in New York City where much of the United States' financial industry is concentrated. The name "Wall Street" is also used frequently used to describe the financial services industry, generally.
How It Works
Located near the southern tip of Manhattan, Wall Street is the heart of the American finance sector. It is home to the country's two major stock exchanges, the New York Stock Exchange (NYSE) and the American Stock Exchange (AMEX). It is also home to the headquarters of numerous brokerage houses and financial institutions.
Wall Street's central role as a hub of activity affecting the American economy has led its very name -- often shortened to "the Street" -- to be synonymous with high finance, all manner of investing and general economic prosperity.
Why It Matters
In popular culture, "Wall Street" stands in contrast to "Main Street." While Wall Street is used to describe the capital markets and the financial industry, Main Street is typically used to describe the larger economy in which the vast majority of people live and work.
Source: Investing Answers
Wall Street
noun
English Language Learners Definition of Wall Street
See the full definition for Wall Street in the English Language Learners Dictionary