FT MarketWatch

Pip

For a given Currency, the smallest Unit. In the case of U.S. dollars, this is one cent.

Related Terms: 2 Currency, Unit
Other Related Pages: Category: Currency Starting With: P
Additional Related Terms: Allowance for depreciation, Annuity unit, Accrual of discount, Amortization of premium, All or any part, Asian dollars, All-risks coverage, Add-on service, Abstract of title, As is