Pip

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Pip

Used for listed equity securities. Smallest unit of a currency (i.e., cents for US dollars).

Pip

A subunit of a currency. For example, a cent is a pip for the U.S. dollar and a fill is a pip for the Bahraini dinar. The term is most common in quotes for equity securities.
References in classic literature ?
By the light of the stars, Stogdon House looked pale and romantic, and about twice its natural size.
On her side, directly Katharine got into his presence, and the sense of the stars dropped from her, she knew that any intercourse between people is extremely partial; from the whole mass of her feelings, only one or two could be selected for Henry's inspection, and therefore she sighed.
When you consider things like the stars, our affairs don't seem to matter very much, do they?
I don't think I ever do consider things like the stars," Henry replied.
Not stones that shine, not yellow metal that gleams, these thou leavest to 'white men from the Stars.
This young, star-forming region provides a remarkably clear window on star making.
The persistent winds and radiation from massive stars cause the stars of older nurseries to disperse, so a full picture would have to cover a vast area.
The dust is suggesting, for instance, that the majority of extrasolar planets lie in distant orbits, farther from their parent star than Pluto is from the sun.