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index number vs leading indicator

leading indicator vs index number

index number and leading indicator both are nouns.

Word NounAdjectiveVerbAdverb
index number Yes No No No
leading indicator Yes No No No
As nouns, leading indicator is a hyponym of index number; that is, leading indicator is a word with a more specific, narrower meaning than index number:
  • index number: a number or ratio (a value on a scale of measurement) derived from a series of observed facts; can reveal relative changes as a function of time
  • leading indicator: one of 11 indicators for different sections of the economy; used by the Department of Commerce to predict economic trends in the near future
index number (noun) leading indicator (noun)
a number or ratio (a value on a scale of measurement) derived from a series of observed facts; can reveal relative changes as a function of time one of 11 indicators for different sections of the economy; used by the Department of Commerce to predict economic trends in the near future
Difference between index number and leading indicator

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