Definitions
from The Century Dictionary.
- noun The act of reducing or causing to conform to the decimal system.
from the GNU version of the Collaborative International Dictionary of English.
- noun the act of changing to a decimal system.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun Alternative spelling of
decimalisation .
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun the act of changing to a decimal system
Etymologies
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Examples
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In the past decade, so-called decimalization -- pricing stocks in pennies from fractions of a dollar -- and the automation of trading narrowed a broad field of retail market makers to the dominant five.
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In the past decade, so-called decimalization -- pricing stocks in pennies from fractions of a dollar -- and the automation of trading narrowed a broad field of retail market makers to the dominant five.
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In the past decade, so-called decimalization -- pricing stocks in pennies from fractions of a dollar -- and the automation of trading narrowed a broad field of retail market makers to the dominant five.
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That month, then – SEC chairman Arthur Levitt, eager to push the market into the digital age, ordered exchanges to implement "decimalization" — i.e., allowing stocks and options to be listed in one-cent increments rather than 12. 5-cent ones.
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It is undated and unpriced – the latter information would have let us know whether it was before or after decimalization.
Archive 2009-02-01 Jean 2009
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This eliminated the traditional stock market-based system of trading in mostly quarters and eighths of a dollar and set the stage for decimalization, allowing today's shares to trade in one-cent increments.
How to Revive Small-Cap IPOs David Weild 2011
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In a decade or two when the post-mortem is written, it will be hard to disaggregate the relative contributions to our decline from patent law changes from our declining public education and the rest of the world's rising education quality, Sarbanes-Oxley, options expensing, immigration policy, the forced separation of research analysts from investment banking, decimalization of stock trading, and the myriad other forces that tilt the ecosystem against technology entrepreneurship.
Gary Lauder: Patently Absurd or: How to Go From the World's Best Patent System to Worse-Than-Most in a Single Step Gary Lauder 2011
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• Global Research Settlement - After decimalization began, in an effort to continue writing research reports, Wall Street began funding research with investment banking profits.
Barry Silbert: The Great Disconnect: American Jobs, Global Competitiveness & The Stock Market Barry Silbert 2011
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A decade ago, "decimalization" at the stock exchanges delivered small savings for investors on each transaction but reduced the profits for brokerages, especially when trading small-cap stocks.
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And it's definitely not because decimalization has made Wall Street uninterested in trading the shares of a company already valued at $50 billion or more.
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