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Glossary > T > "Teenie" Definition

Teenie

A measure of value representing a sixteenth (1/16 or .0625) of one point. Since decimalization, many traders have referred to a teenie as a cent.

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Teenie - A measure of value representing a sixteenth (1/16 or .0625) of one point. Since decimalization, many traders have referred to a teenie as a cent.

Teenie : a measure of value representing a sixteenth (1/16 or .0625) of one point. since decimalization, many traders have referred to a teenie as a cent.