steenth

S1T1E1E1N1T1H4

noun

Exactly one sixteenth (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.

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Meanings

nounsteenth (plural steenths)

plural steenths

  1. informalslangbusinessExactly one sixteenth (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.
  2. Umpteenth.

Origin

Clipping of sixteenth.

Full word history & related roots →
Cite this entry
APA

steenth. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/steenth

MLA

“steenth.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/steenth. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “steenth,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/steenth.

Source: steenth on Wiktionary, CC BY-SA 4.0.