Meaning PLUS: Used to quote a price in 64ths. Dealers in government bonds normally give price quotes in 32nds. To quote a bid or offer in 64ths, they use pluses; a dealer who bids 4+ is bidding the handle plus 4/32 + 1/64, which equals the handle plus 9/64
More terms such as Plus in Dictionary P.
- Definition Print:
- Examples Used in the context of general equities. As a verb execute a trade, evidenced by its printing on the ticker tape. As a noun, a trade plus definition.
- Definition Precautionary Demand (For Money):
- Examples The need to meet unexpected or extraordinary contingencies with a buffer stock of cash plus explain.
- Definition Paired Shares:
- Examples Stock of two companies under the same management that are sold as one unit with one certificate plus what is.
- Definition Preauthorized Electronic Debits (PAD):
- Examples Debits to a bank account in advance by the payer. The payer's bank sends payment to the payee's bank through the Automated Clearing House (ACH) system plus meaning.
- Definition PIK (Payment-In-Kind) Securities:
- Examples Highly speculative bonds or preferred stock that pay interest or dividends through additional bonds or preferred stock plus abbreviation.