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Sixteenth
(redirected from 16th century)

   Also found in: Dictionary/thesaurus, Wikipedia 0.03 sec.
Sixteenth
1. In bonds, 0.0625% of one point. This is used when quoting bond prices. For example, a bond may have the price of 95 3/16 points, meaning that the bond is selling for 95.1875% of its par value.

2. In stocks, 0.0625% of one dollar. This format was used when stocks were quoted in fractions instead of decimals. It is less common today.

sixteenth
One sixteenth of a point. For bond quotes, a sixteenth represents 1/16 of 1%. Thus, a bond quoted at 98 1/16 would indicate a price of 98 1/16 % of par, or $980.62.


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15 BS2650 Historians and theologians explore the apostle's influence and its various manifestations in early modern Europe, most particularly in theological questions and issues that arose before the Reformation and continued to be important through the 16th century.
Towards the end of the 16th century in Germany, wine glasses are sophistically engraved as decoration .
From this square you can see the 16th century Town Hall, the Hermitage of Santiago, the old governor''s house and a 16th century stone fountain at the end of Nueva Street.
 
 
 
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