Definition: Across the board is a term used to describe a change that affects everything within an organization, system, or society.
The first known use of across-the-board
The phrase across-the-board was first recorded in 1945.
What Is Across the Board?
Across the board is a stock market term that describes what happens in a market when most stocks are increasing or decreasing at the same time.
Across-the-Board stock movement refers to the effect of a large, sudden drop or rise in a sector. It can be due to many factors and is most commonly seen when the market moves in one direction across all sectors. This differs from sector-specific news, which affects only one area more than others. Such movements are mainly caused due to geopolitical events, such as war or natural disasters, or economic reports, like interest rate changes or employment data, trigger widespread movements.
Understanding Across the Board
The term “across the board” is used to indicate a uniform increase in value among a group of assets or a set of data. Across the board is often used in investing to refer to a market-wide increase in share prices.
The term is derived from the Big board. Big Board was used to refer to the New York Stock Exchange’s trading floor. When most other prices were going in one direction, that movement could be seen “across the board.”
- The term “across the board” is used to indicate a uniform increase in value among a group of assets or a set of data.
- Across-the-Board stock movement refers to the effect of a large, sudden drop or rise in a sector.
- The term is derived from the Big board. Big Board was used to refer to the New York Stock Exchange’s trading floor.
Examples of Across the Board
Setting aside sector-specific activity, the media primarily use the term to refer to strong stock performance for individual public companies. Below are few examples of across-the-board usage-
- A denial of the end of a price control caused a drop in the prices of stocks across the board.
- The governor is proposing across-the-board cuts totaling $90 million for all state agencies.
- What really bothers me is that across-the-board indictments and evictions don’t solve the problem.