The Nasdaq Stock Market (/ˈnæzdæk/ (listen)) (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange. expected inflation variable is defined by subtracting their time series for the expected real rate from the TB(t - 1) series. Another inflation variable that is. Definition: It is a place where shares of pubic listed companies are traded. The primary market is where companies float shares to the general public in an.