Teeny

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Teeny

1/16 or 0.0625 of one full point in price. Steenth.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Teenie

1. Prior to decimalization, one-sixteenth of one point. That is, if a stock price falls a teenie, it falls 1/16 of a dollar.

2. After decimalization, one cent.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved