The process of switching over the reporting of security prices and related information from fractions to decimals.

The change in the way U.S. equities are quoted from fractions to cents. Originally scheduled for the summer of 2000, now likely to be delayed until mid-2001. (see 'tick').

The process of changing the prices that securities trade at from fractions to decimals. Decimalization of equity securities is complete in the U.S. The bond market continues to trade in fractions.

the act of changing to a decimal system; as, the decimalization of the British currency.