The Meaning of ASE: What It Is and How To Use It

This article will provide you with all of the knowledge you need on the abbreviation ASE, including its meaning, usage, examples, and more!

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What does the acronym ASE stand for?

According to Dictionary, the acronym ASE stands for American Stock Exchange. Investopedia states that the American Stock Exchange, or AMEX, was the third largest exchange in the United States by trading volume at one point. At its height, AMEX handled 10% of trading in the United States. In 2008, AMEX changed names and became known as the NYSE American when it was bought out by NYSE Euronext. The American Stock Exchange was formed in the late 18th century.

How does the stock market work?

The stock market can be very confusing for people who are not familiar with it. However at its core, it is fairly simple. According to Nerd Wallet, the stock market operates a bit like an auction house. Buyers and sellers of stocks can negotiate their different prices as well as trade with others. These stocks are traded through different networks like Nasdaq or the New York Stock Exchange. A company can start listing shares of their stock through a process called an initial public offering.

From there, different investors can buy and trade these different shares. The supply and demand for the different shares determines their price. This also often determines when different shareholders decide to buy and sell their shares to make the most money.

There is something called a “bid-ask spread” in terms of the stock market. This term means that a buyer offers a bid that is lower than the amount that sellers are asking. From there, the buyer and seller negotiate until they can reach a price that both of them are happy with. The stock exchange used to take place in a physical marketplace, but nowadays everything is virtual. People buy stocks online and through the internet though different stock brokers.

Investing in the stock market is a high risk high reward way to make money, particularly when it comes to day trading. Day trading is when people quickly buy and sell stocks depending on price swings. However, people can still play the stock market safe by investing a little amount of money and hopefully watching their stock increase over time. The stock market is volatile, which means that the different prices for stocks can change at a moment’s notice, meaning people can gain or lose money extremely quickly. 

What else can the term ase mean?

According to Urban Dictionary and Rooted Resistance, the word “asé” is a West African and Yoruba word that has multiple meanings. “Asé” is pronounced “ah-shay” as can either be defined as the power to make things happen, or the phrase “so be it.” This term refers to a spiritual life force that flows through everything. Ancient West Africans used this term in change to shift, balance, and bring energy. 

This is a, African  philosophical concept in which the Yorubas of Nigeria manifest change or make things happen. The concept of asé is given to everything, from rocks, to people, to gods. This is used in songs, prayers, everyday conversation, and more. This word can also be translated to power, command, or authority. Through training and experience, one can learn to use the sacred characteristics of asé to produce change, will things into existence. 

This is very similar to the concept of manifestation. According to Oprah Mag, the power of manifestation is related to the law of attraction. This concept means that someone can bring something into their life through attraction and belief – an “if you think it, it will come” mentality. Angelina Lombardo, an author, states that “manifesting is making everything you want to feel and experience a reality… via your thoughts, actions, beliefs, and emotions.”

What does the suffix ase mean?

The term “ase” is also a suffix that is often used in the sciences. According to Collins Dictionary, this suffix is used on the ends of enzymes, particularly those of vegetable origins. Thought Co states that an enzyme’s name is created by adding the suffix ase to the name of the substrate that the enzyme acts on. Th4se different classifications are used to denote classes of enzymes that catalyze different types of reactions. For example, the class of carboxylase enzymes catalyze a release of carbon dioxide from specific different organic acids. A few other examples of enzymes that end in -ase are below, alongside their definitions.

  • Amylase – A digestive enzyme produced in salivary glands and the pancreas to catalyze the decomposition of starch into sugar.
  • Diastase – Dictionary states that this enzyme breaks starch down into maltose, and then dextrose.
  • Oxidase – Dictionary states that oxidases catalyze oxidation by using molecular oxygen, and that these enzymes usually also produce hydrogen peroxide.

Overall, ASE can mean many different things. It is an acronym that stands for American Stock Exchange, a Yoruba term for manifestation, and a suffix often used in biology. This term is very versatile, but that can also lead to confusion. One should ensure that they are clear on what they mean when using ASE, because it may cause confusion depending on context.