noun
teenie
Teenie (noun) means a sixteenth of a dollar — an old fractional unit once used to quote and trade stock prices before decimalization. Example: “Back before decimal pricing, a stock might move up or down by a teenie.”
noun
1
A sixteenth of a dollar — an old fractional unit once used to quote and trade stock prices before decimalization.
"Back before decimal pricing, a stock might move up or down by a teenie."
"Traders used teenies and eighths long before prices were quoted in cents."
How to use teenie
Learner’s notesIn plain EnglishAn old trading term for one-sixteenth of a dollar, used when stock prices were quoted in fractions rather than decimals.
Common mistake
This is a finance term, not a variant spelling of "teeny" (meaning tiny) — the two are unrelated in meaning despite looking similar.
Easily confused with
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Word forms
- Plural
- teenies
Fill the gap
Can you complete this real example?
Back before decimal pricing, a stock might move up or down by a _____.
Etymology
A playful shortening of "sixteenth" with the diminutive ending "-ie" tacked on.
Rhymes for teenie
See all rhymes for teenie →Frequently asked questions
What does “teenie” mean?
The word “teenie” means a sixteenth of a dollar — an old fractional unit once used to quote and trade stock prices before decimalization. In plain terms, an old trading term for one-sixteenth of a dollar, used when stock prices were quoted in fractions rather than decimals.
How do you use “teenie” in a sentence?
Here is “teenie” used in a sentence: “Back before decimal pricing, a stock might move up or down by a teenie.”
What part of speech is “teenie”?
“Teenie” is a noun.
What is the meaning of teenie?
"teenie" (noun) means a sixteenth of a dollar — an old fractional unit once used to quote and trade stock prices before decimalization.
