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What does NASDAQ mean?

Looking for the meaning or definition of the word NASDAQ? Here's what it means.

Proper noun
  1. National Association of Securities Dealers Automated Quotations, an electronic stock market.
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After NASDAQ shut down for a period of time on Thursday, its CEO went on CNBC to try and defend its response to the mishap.
Three stocks fell for every two that rose on the Big Board, while two declined for every one that advanced on the NASDAQ Stock Market.
If you look at how the NASDAQ works, for example, it's all largely through one centralized computer system.
So taking NASDAQ and LSE out of the equation will still allow plenty of permutation among stock exchanges seeking long-term partners.
The shares were delisted from the TSX and the NASDAQ due to the inability of CINAR Corporation to meet continued listing requirements.
The assessment was based on a review of public documents filed by Canadian companies listed on the TSX or NASDAQ market.

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