MILLAGE Definition

Bookmark and Share

MILLAGE is a rate (as of taxation) expressed in mills per dollar.

Learn new Accounting Terms

MINIMUM QUOTE SIZE REQUIREMENT, NASD Rule 6650, is the minimum size at which a market maker is permitted to display bid or offers in the BBX. The minimum size required depends on the price of the stock. For example, all quotes on the OTCBB priced under $0.50 have a minimum quote size of 5,000 shares.

GRAY MARKET is the unofficial trading of securities before their formal public issue.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.