Meaning of penny stock | Babel Free
Definitions
A highly speculative stock selling for less than one dollar or pound per share and quoted in cents or pence.
UK, US
Equivalents
Suomi
senttiosake
Examples
“Every so often, the practice reappears in the trading of “penny stocks”—cheap, rarely traded, shares. Years ago when volume was thinner, it was said to be common in blue chips too.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.