steenth

In real, traceable use. Part of the curated seed collection; community review is coming.

Meaning · English

Exactly 1/16 (0.0625) of a full price point; it acts as a unit of negotiation to split or compromise on an eighth difference between bid and ask prices.

Register: informal, slang

Where it’s used: Used American English
Sources & notes

Adapted from English Wiktionary (CC BY-SA 4.0, retrieved 2026-07-30 via kaikki.org).

Common questions

What does “steenth” mean?

Exactly 1/16 (0.0625) of a full price point; it acts as a unit of negotiation to split or compromise on an eighth difference between bid and ask prices.

Is “steenth” formal or informal?

steenth is generally informal, slang.