Wall Street

Definition

Wall Street refers to a street in Lower Manhattan, New York City, that is widely known as the financial center of the United States. It represents the heart of the American financial industry and is home to major stock exchanges and many financial institutions.

Related terms

Stock Exchange: A physical or virtual marketplace where traders can buy and sell stocks (shares) of publicly traded companies.

Financial Institutions: Organizations such as banks, investment firms, insurance companies, and credit unions that provide various financial services.

Market Economy: An economic system in which decisions about production, distribution, and consumption are made by individuals interacting through markets.