A passport is a travel document, usually issued by a country 's government, that certifies the identity and nationality of its holder for the purpose of international travel.Standard passports contain the holder's name, place and date of birth, photograph, signature, and other identifying information. passport specifies nationality, but not necessarily citizenship or the place of residence of the passport holder. A passport holder is normally entitled to enter the country that issued the passport, though some people entitled to a passport may not be full citizens with right of abode.
ISM manufacturing index. Definition. A monthly index released by the Institute of Supply Management which tracks the amount of manufacturing activity that occurred in the previous month. This data is considered a very important and trusted economic measure.
BREAKING DOWN 'ISM Manufacturing Index '. By monitoring the ISM Manufacturing Index, investors are able to better understand national economic conditions. When this index is increasing, investors can assume that the stock markets should increase because of higher corporate profits.he ISM Manufacturing Index monitors employment, production inventories, new orders and supplier deliveries. A composite diffusion index is created that monitors conditions in national manufacturing based on the data from these surveys.