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English definition of “plus tick”

plus tick

noun [C, usually singular]    
STOCK MARKET the trading of a share, etc. at a price higher than the previous sale price for the same share: on a plus tick The NYSE restricts some trades to selling on a plus tick when the NYA index has fallen by a certain amount. → Compare uptick → See also zero plus tick
(Definition of plus tick noun from the Cambridge Business English Dictionary © Cambridge University Press)
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