decimalization

decimalization
The quotation and trading of stock or bond prices in decimals, as opposed to fractions such as eighths. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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  • decimalization — n. the act of changing to a decimal system; as, the decimalization of the British currency. Syn: decimalisation. [WordNet 1.5] …   The Collaborative International Dictionary of English

  • decimalization — (Amer.) n. conversion to the decimal system (also decimalisation) …   English contemporary dictionary

  • Decimalization — A system where security prices are quoted using a decimal format rather than fractions. For example, this is a decimal trading quote: $34.25. Using fractions, the same quote would appear as $34 1/4. The U.S. Securities and Exchange Commission… …   Investment dictionary

  • decimalization — noun the act of changing to a decimal system the decimalization of British currency • Syn: ↑decimalisation • Derivationally related forms: ↑decimalise (for: ↑decimalisation), ↑decimalize …   Useful english dictionary

  • Decimalization process — refers to the conversion of measurements to a decimal system, i.e. one where the all ratios between the different measuring units are powers of ten. Practical examples of decimalization include metrication, which started with the introduction of… …   Wikipedia

  • Decimalization table attack — A decimalization table attack is a technique that may allow a corrupt insider at a bank to discover Personal Identification Numbers (PINs) by exploiting a design flaw in the Hardware Security Module used to protect the PIN. PINs for payment cards …   Wikipedia

  • Decimalization — Decimalize Dec i*mal*ize, v. t. to convert the dominant units of measure (e.g. of currency) to a decimal based system; to reduce to a decimal system; as, to decimalize the currency. {Dec i*mal*i*za tion}, n. [1913 Webster] …   The Collaborative International Dictionary of English

  • decimalization — noun Date: 1855 conversion (as of a currency) to a decimal system • decimalize transitive verb …   New Collegiate Dictionary

  • decimalization — See decimalize. * * * n [U] the change of the British currency to the present decimal system of 100 pence to the pound, which happened on 15 February 1971. Before that date, the pound was divided into 20 shillings with 12 pence in each shilling.… …   Universalium

  • decimalization — dec|i|mal|ization also decimalisation BrE [ˌdesıməlaıˈzeıʃən US ˌdesəmələ ] n [U] the process of changing to a decimal system of money or measurement >decimalize [ˈdesıməlaız US ˈdesəmə ] v [I and T] …   Dictionary of contemporary English

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