Dictionary of Banking Terms: plus
plus
- plus sign (+) following a Treasury note or bond price quote, indicating the quote is expressed in sixty-fourths of a percentage point. A quote of 93.16 means 93 and 33/64 of par. It appears in published quotations as 93.16 +.
- indicator showing the closing price of a stock or mutual fund published in a daily newspaper is higher than the previous day's close.
Dictionary of Finance and Investment Terms: plus
plus
- plus sign (+) that follows a price quotation on a Treasury note or bond, indicating that the price (normally quoted as a percentage of PAR value refined to 32ds) is refined to 64ths. Thus 95.16 + (95 16/32+ or 95 32/64+) means 95 33/64.
- plus sign after a transaction price in a listed security (for example, 39.50+), indicating that the trade was at a higher price than the previous regular way transaction. See also plus tick.
- plus sign before the figure in the column labeled "Change" in thenewspaper stock tables, meaning that the closing price of the stock was higher than the previous day's close by the amount stated in the "Change" column.
