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 classic literature ?
On the eighth, the Indian army arrived, being four hundred and forty-four in number, commanded by Capt.
Henry the Eighth is a tragedian, and the scenes where he kills people are done to the very life.
and I repose myself on thy skill without further scruple or question, well trusting you will enable me to bear my corslet on the eighth day.
says Hamete Benengeli on beginning this eighth chapter; "blessed be Allah
These three cases of exclusive jurisdiction in the federal government may be exemplified by the following instances: The last clause but one in the eighth section of the first article provides expressly that Congress shall exercise "EXCLUSIVE LEGISLATION" over the district to be appropriated as the seat of government.
The terms of article eighth are still more identical: "All charges of war and all other expenses that shall be incurred for the common defense or general welfare, and allowed by the United States in Congress, shall be defrayed out of a common treasury," etc.
I had completed the eighth, the ninth, and the tenth tier.
It was, especially, upon retiring to bed late in the night of the seventh or eighth day after the placing of the lady Madeline within the donjon, that I experienced the full power of such feelings.
Indeed when their bases are of the most degraded type (not more than the eighth part of an inch in size), they can hardly be distinguished from Straight Lines or Women; so extremely pointed are their vertices.
The medium of buoyancy is contained within the thin metal walls of the body and consists of the eighth Barsoomian ray, or ray of propulsion, as it may be termed in view of its properties.
On the eighth day he began to talk aloud instead of whis- pering, and nothing I could do would moderate his speech.
On the eighth day after the scene we have described, the cardinal received a letter with the London stamp which only contained these lines: "I have them; but I am unable to leave London for want of money.