eighth

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Eighth

One eighth of a point or dollar. Prior to the decimalization of quotes, one might find a quote for so many eighths of a dollar. See also: Drill bit.

eighth

One eighth of a point. With bond quotes, an eighth represents 1/8 of a percent. For example, a quote of $90 1/8 indicates 90 1/8 % of par, or usually, $901.25 per bond.
References in periodicals archive ?
Eighthly, that if any person shall knowingly entice, by any means whatever, any such Apprentice, Servant, or Journeyman .
Eighthly, the uses for which additional rural credit is provided should be technically sound.
Spelled with eight letters, EIGHTHLY is the only truthful adverbial number.
Eighthly, the personal relationship between Ne Win and Singapore's Senior Minister, Lee Kuan Yew, is not to be discounted as a factor in Myanmar's admission into ASEAN.
Eighthly, people should declutter their work space, as having a neat, clean work space can help improve organization and focus.
Eighthly, people should focus on their breathing, as people who regularly practice Buddhist mindfulness meditation have reported raise in self-acceptance.