Pip

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Pip

Used for listed equity securities. Smallest unit of a currency (i.e., cents for US dollars).
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in classic literature ?
To-night they seemed fixed with unusual firmness in the blue, and flashed back such a ripple of light into her eyes that she found herself thinking that to-night the stars were happy.
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?" she said suddenly.
"I don't think I ever do consider things like the stars," Henry replied.
"'Then why," she asks in a low voice and without removing her gloomy look from those distant stars, "do you detain me in his house?"
She stands looking out at the same stars without a word.
And truly when the stars go out and the wan day peeps into the turret-chamber, finding him at his oldest, he looks as if the digger and the spade were both commissioned and would soon be digging.
Wilt thou make me a reproach in the eyes of these strangers from the Stars? What hast thou to say for thyself?"
And that man with you," pointing to Umbopa, "does he also come from the Stars?"
"Ye speak with a loud voice, people of the Stars," Twala answered in a tone which I scarcely liked.
"Now, Twala, we give this magic tube to thee, and by-and-by I will show thee how to use it; but beware how thou turnest the magic of the Stars against a man of earth," and I handed him the rifle.