Objective index definition

Objective index means a generally accepted official index sanctioned by the state or federal government intended to measure inflation or economic growth, including, but not limited to, the Consumer Price Index or indices tracking gross domestic product.
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Examples of Objective index in a sentence

  • My main variable of interest, Tracking Error, has a mean of 1.19% (1.41%) with 0.7% 10The data on Active Share is available from the website of ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ at ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇/data.html (0.99%) standard deviation at a monthly frequency when estimated using ▇▇▇▇-▇▇▇▇▇▇- ▇▇▇▇▇▇▇ 4 Factor model (One Factor model with combination of Objective index and S&P 500 as factor returns).

Related to Objective index

  • Benchmark Price shall have the meaning ascribed to the term in Section 1.1 of the relevant Trust Agreement.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Initial Index Level means the closing level of the FTSE 100 on the Start Date.

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.

  • Peer Group means the group of companies, as more particularly set forth on attached Exhibit A, against which the Relative Total Shareholder Return of the Company is measured over the Incentive Period.