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Penny shares

plural noun
(stock exchange) securities with a low market price, esp less than 20p, enabling small investors to purchase a large number for a relatively small outlay


Read Also:

  • Penny-stock

    noun, Stock Exchange. 1. common stock, usually highly speculative, selling for less than a dollar a share. noun phrase : That minimum would exclude penny stocks, which are cheap, risky stocks that usually have prices below $1 a share (1932+)

  • Pennyweight

    [pen-ee-weyt] /ˈpɛn iˌweɪt/ noun 1. (in troy weight) a unit of 24 grains or 1/20 of an ounce (1.56 grams). Abbreviation: dwt, pwt. /ˈpɛnɪˌweɪt/ noun 1. a unit of weight equal to 24 grains or one twentieth of an ounce (Troy) n. Old English penega gewiht, originally the weight of a silver penny; see penny […]

  • Penny whistle

    noun 1. a type of flageolet with six finger holes, esp a cheap one made of metal Also called tin whistle

  • Penny-wise

    adjective 1. greatly concerned with saving small sums of money 2. penny-wise and pound-foolish, careful about trifles but wasteful in large ventures

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