sub-penny quoting
n.— «It would be Nasdaq’s preference that we don’t move to sub-penny quoting.» —“SEC” by Judith Burns Dow Jones News Service May 24, 2001. (source: Double-Tongued Dictionary)
Further reading
Asthenosphere, a geologist’s term for the molten layer beneath the earth’s crust, sparks a journey that stretches all the way from ancient Greece to the author of Uncle Tom’s Cabin. Plus: What the heck is a dogberg? It’s when...
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...