penny stock

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noun Stock Exchange.

common stock, usually highly speculative, selling for less than a dollar a share.

Nearby words

  1. penny loafer,
  2. penny pincher,
  3. penny post,
  4. penny saved is a penny earned, a,
  5. penny shares,
  6. penny whistle,
  7. penny wise and pound foolish,
  8. penny-a-liner,
  9. penny-ante,
  10. penny-dreadful

Origin of penny stock

An Americanism dating back to 1930–35

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

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