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Plus
(redirected from Visa PLUS)

   Also found in: Legal, Encyclopedia, Wikipedia 0.03 sec.
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.

Plus
Describing an increase in a security's price, especially a marginal one. For example, one may hear, "Stock A had a small plus tick on Friday." See also: Uptick.


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