Dalal Street
posted on 06-06-2019
What it is:
Dalal Street is slang for the Bombay Stock Exchange.
How it works/Example:
India's Bombay Stock Exchange is located on Dalal Street, as are many financial institutions. Similar to the term "Wall Street," "Dalal Street" refers not just to a physical location but to an entire industry.
Why it matters:
Like any other industry, the finance world has its own slang and colorful language.