What is the meaning of handle?

handle is an informal name for the portion of a security's price that is comprised of the numbers to the left of the decimal point, colon, or dash. For example, if a bond's price is 103. 25, its handle is 103. Sometimes brokers and dealers only quote the numbers to the right of the decimal point and assume that the handle is understood.

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APABarry Goldsmith. (2010). handle. Retrieved September 20, 2026, from http://smartdefine.org/handle/definitions/1155284
ChicagoBarry Goldsmith. 2010. "handle" http://smartdefine.org/handle/definitions/1155284 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, handle, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/handle/definitions/1155284>.
MLABarry Goldsmith. "handle" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/handle/definitions/1155284>
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