steenth
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steenth — [stintG] n. one sixteenth, used in quoting securities prices. (Securities markets. See also teenie.) □ This issue was only up a few steenths for the whole week. □ Acme Systems was down a steenth at midday … Dictionary of American slang and colloquial expressions
steenth — 1/16 (0.0625) of one full point in price. Often used in negotiations to compromise an eighth difference, and in options trading. Bloomberg Financial Dictionary … Financial and business terms
teeny — 1/16 or 0.0625 of one full point in price. steenth. Bloomberg Financial Dictionary … Financial and business terms
teenie — AND teeny n. a sixteenth. (Securities markets. From sixteenth. One sixteenth of a point in a stock price. See also steenth.) □ It’s going at three and two teenies at the moment. □ My forty thousand shares have dropped to three teenies each, and I … Dictionary of American slang and colloquial expressions
