steenth

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. 2015.

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Look at other dictionaries:

  • 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

  • steenth — ˈstēn(t)th adjective Etymology: steen (III) + th : umpteenth …   Useful english dictionary

  • 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

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