plus (+)

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plus (+)

1. Used in the net change column of security transaction tables to indicate a closing price higher than the closing price on the last previous day on which the security was traded.

2. Used in reporting closed-end investment company share prices to indicate the percentage amount by which market price exceeds net asset value. Compare minus (m).

3. An addition of one sixty-fourth either to the bid or to the ask price for a government bond. Government securities are usually quoted in thirty-seconds of a dollar; therefore, a quote of $91.03+ indicates a price of $91 ³/₃₂ + ¹/₆₄ , or $91 ⁷/₆₄ .

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