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Definition of Penny stock
1. Noun. A stock selling for less that $1/share.
Definition of Penny stock
1. Noun. (finance US) A highly speculative stock selling for less than one dollar per share and quoted in cents. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Penny Stock
Literary usage of Penny stock
Below you will find example usage of this term as found in modern and/or classical literature:
1. Mutual Fund Trading Abuses: SEC Consistently Applied Procedures in Setting by Richard J. Hillman (2005)
"The Securities Enforcement Remedies and penny stock Reform Act of 1990 (Remedies
Act)12 amended existing federal securities laws to authorize SEC and ..."
2. Financial Markets for the Rest of Us: An Easy Guide to Money, Bonds, Futures by Robert Vahid Hashemian (2001)
"... of someone who got into a speculative investment with a penny stock and made
a ton of money. You may have heard of others who lost their shirts on them. ..."
3. Internal War Loans of Belligerent Countries: Also Consolidation Loan of by National City Company (1918)
"Stock is transferable in any sums which are multiples of a penny. Stock exchangeable
for bonds to bearer at any time by means of transfer; bonds to bearer ..."
4. The Heart of the Matter: Sierra Leone, Diamonds and Human Securityby Ian Smillie, Lansana Gberie, Ralph Hazleton, Partnership Africa Canada by Ian Smillie, Lansana Gberie, Ralph Hazleton, Partnership Africa Canada (2000)
"Consequently, Canada has high levels of expertise in mining, a large number of
exceptional mining geologists, and an abundance of skilled penny stock ..."
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