DEFINITION of 'Hard-Coded Stock'
This is a term that refers to a company's stock symbol or ticker symbol. Every security listed anywhere on the globe has a unique symbol for the security. Knowing the symbol allows investors to check the price of the security.
BREAKING DOWN 'Hard-Coded Stock'
In the U.S., on the New York Stock Exchange, stocks can have symbols with one, two or three letters in the symbol. Nasdaq-listed stocks have stock symbols with four or five letters.