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TeachMeFinance.com - explain Stealing eighths and quarters historic definition... Stealing eighths and quarters -- An expression used (especially in the stock market) when a dishonest broker reports to customers purchases 1/8 or 1/4 per cent above and sales 1/8 or 1/4 per cent below the actual prices in transactions. These differences he retains for his own benefit, defrauding his customers of them. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.