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Meaning of “plus tick” in the English Dictionary

"plus tick" in Business English

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plus ticknoun [C, usually singular]

uk   us  
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.
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(Definition of plus tick from the Cambridge Business English Dictionary © Cambridge University Press)
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