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Ankle Biter

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Ankle biter
Stock issued with a market capitalization of less than $500 million.

Ankle Biter
Informal for small-cap. Describing a publicly-traded company with a low amount of market capitalization. In general, a small-cap company has a market capitalization of less than $1 billion or $2 billion, but there is no specific definition. Some brokerages or exchanges have slightly different definitions of small-cap. Some indexes track ankle biter companies, as do some exchange traded funds.


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On dismounting, the ankle biters were able to head to the nearby pick 'n' mix stand, stocked up, no doubt, following an assault on the Woolworths half-price sale.
If you're travelling with children don't worry as there will be plenty to keep the ankle biters occupied and amused.
Unfortunately, being in Hickory Dickory meant you were also surrounded by thousands of other screaming ankle biters.
 
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