sub-penny pricing
n.— «Sub-penny pricing could well occur if some are “tempted to split Mr. Lincoln into further pieces,” Grasso warned. He said “that would be tantamount to a neutron bomb” for U.S. markets and could hurt investors if it causes widespread execution problems.» —“NYSE’s Grasso Sees Securities Modernization Bill In 2001″ by Judith Burns Dow Jones News Service Oct. 26, 2000. (source: Double-Tongued Dictionary)
Further reading
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Michael from Jones, Michigan, says he was stationed on a U.S. Army base in Germany in the early 1960s. If there was a gust of cold wind, a fellow soldier would say the hawk’s out. This expression is largely associated with Chicago, Illinois...