ERR

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Related to err on the side of: err on the side of caution

ERR

On a ticker tape, an indication that the previous quote was an error. This advises the person reading the tape to ignore that quote.

ERR

Used on the consolidated tape to indicate that an error has been made when reporting a transaction in the indicated security: ERR.LAST.IBM. The previous report, therefore, should be disregarded.
References in periodicals archive ?
infants each year, "you want to err on the side of safety."
Black, TEI said that in developing guidance on the prohibition on ex parte communications with IRS Appeals officers, the question should not merely be, "Is this communication legally permissible under the statute?" Rather, the IRS should focus instead on the question, "Could this communication create an impression that Appeals' mission to provide a fair, impartial hearing has been compromised?" In other words, TEI's president noted, the IRS should err on the side of open communications between the IRS and the taxpayer.
Anecdotally, the Bush administration has earned a reputation for secrecy, whether it be from tight-lipped Cabinet officials or then-Attorney General John Ashcroft's 2001 recommendation to the Executive Branch that it err on the side of non-disclosure while processing Freedom of Information Act requests.