sub-penny quoting
n.— «While the practice of sub-penny quoting is largely invisible, it has led to prevalent cutting, or “stepping ahead” as they call it in the markets.» —“SEC Proposals Mean More Than Chump Change to Investors” by Sam Ali, Susan Todd Newhouse News Service Apr. 26, 2004. (source: Double-Tongued Dictionary)
Further reading
Old. Elderly. Senior. Why are we so uncomfortable when we talk about reaching a certain point in life? An 82-year-old seeks a more positive term to describe how she feels about her age. And: a linguist helps solve a famous kidnapping case, using the...
