Dictionary of Finance and Investment Terms: composite
composite
- in financial analysis, a balance sheet and/or Profit and Loss Statement representing averages of the accounts of a number of companies in the same industry. The accounts of a particular company can thus be compared with a composite to identify abnormalities.
- an index or average combining other indexes or averages. For example, the New York Stock Exchange Index combines the NYSE Finance, Industrials, Transportation, and Utilities indexes.
