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单词 decimalization
释义

decimalization


dec·i·mal·ize

D0073100 (dĕs′ə-mə-līz′)tr.v. dec·i·mal·ized, dec·i·mal·iz·ing, dec·i·mal·iz·es To change to a decimal system.
dec′i·mal·i·za′tion (-mə-lĭ-zā′shən) n.
Thesaurus
Noun1.decimalization - the act of changing to a decimal system; "the decimalization of British currency"decimalisationchange - the action of changing something; "the change of government had no impact on the economy"; "his change on abortion cost him the election"
Translations

decimal

(ˈdesiməl) adjective numbered by tens. the decimal system. 十進制的 十进制的 noun a decimal fraction. Convert these fractions to decimals. 十進制,小數點 十进制,小数 ˈdecimalize, ˈdecimalise verb to convert from a non-decimal to a decimal form. 使成為十進制 使成为十进制ˌdecimaliˈzation, ˌdecimaliˈsation noun 十進制 十进制decimal currency a system of money in which each coin or note is either a tenth of or ten times another in value. 十進制貨幣 十进制货币decimal fraction a fraction expressed as so many tenths, hundredths, thousandths etc and written with a decimal point, like this. 0.1 (= 1/10), 2.33 (= 233/100). 十進制分數 十进制分数
EncyclopediaSeedecimal

Decimalization


Decimalization

The quotation and trading of stock or bond prices in decimals, as opposed to fractions such as eighths.

Decimalization

1. The process of changing listings of security prices from fractions to decimals. Decimalization makes prices and the market easier for investors and laypeople to understand.

2. In the United Kingdom, the process of changing the calculation of the pound sterling to a decimal system. Prior to 1971, the UK had a very complex way of calculating subdivisions of the pound. Since then, the currency has been decimalized into 100 pence.

decimalization

The transition of security prices being quoted in decimals rather than fractions. Decimalization in U.S. markets started in fall 2000 with exchange-listed stocks and was completed in April 2001 with Nasdaq stocks. Studies during the transition indicated that moving to decimals benefited investors by reducing the bid-ask spreads.

decimalization


  • noun

Synonyms for decimalization

noun the act of changing to a decimal system

Synonyms

  • decimalisation

Related Words

  • change
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