standard and poor's index

NOUN
25 LETTERS · STARTS WITH S

standard and poor's index is a valid 25-letter word worth 34 points in Scrabble and 38 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
S1T1A1N1D2A1R1D2A1N1D2P3O1O1R1'0S1I1N1D2E1X8
1 + 1 + 1 + 1 + 2 + 1 + 1 + 2 + 0 + 1 + 1 + 2 + 0 + 3 + 1 + 1 + 1 + 0 + 1 + 0 + 1 + 1 + 2 + 1 + 8 =34 PTS
DOUBLE WORD → 68TRIPLE WORD → 102
MEANING

What does standard and poor's index mean?

NOUN · 1 SENSE
1

A broadly based stock market index.