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5 Definitions

PLUS

For PLUS we have terms and definitions in 5 topics. The topics are Banking, Coin Collecting, Finance, Frauds and Scams and Investing.



PLUS (Banking)

A cash machine network controlled by the VISA organisation. There are more than 700,000 PLUS machines worldwide where you can use your VISA or VISA Electron card.


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PLUS (Coin Collecting)

Used with grading terms to indicate an above-average coin. Example – Very Fine plus.


PLUS (Finance)

Used to quote a price in 64ths. Dealers in government bonds normally give price quotes in 32nds. To quote a bid or offer in 64ths, they use pluses; a dealer who bids 4+ is bidding the handle plus 4/32 + 1/64, which equals the handle plus 9/64.


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PLUS (Frauds and Scams)

1) A sign used to indicate that a transaction for a particular security was at a higher price than the previous transaction. 2) A fractional variation used to indicate a Treasury note or bond that is being quoted in 64ths. For instance, 93.16+ means 93 and 33/64th of par. The numerator is 2 times 16 plus 1; 64 is the denominator. 3) In newspaper stock listings, a + in the change column means that the closing price of a security is higher than the previous day's close by the amount in the column.


PLUS (Investing)

1: A sign used to indicate that a transaction for a particular security was at a higher price than the previous transaction.
2: A fractional variation used to indicate a Treasury note or bond that is being quoted in 64ths. For instance, 93.16+ means 93 and 33/64th of par. The numerator is 2 times 16 plus 1; 64 is the denominator.

See Also: Treasuries
3: In newspaper stock listings, a + in the change column means that the closing price of a security is higher than the previous day's close by the amount in the column.

See Also: Closing Price




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