nervous nellies and boiling jugs, page-39

Many brokerage houses and institutional investors have internal policies and practices that either prohibit them from investing in low-priced shares or which tend to discourage individual brokers from recommending low-priced shares to their customers.

Strange, why would they do that?

Any way, for me as long as a definition has a reasonable precision and completeness for the purpose of a particular inquiry it becomes acceptable.

Truth and falsehood are properties of a statement and have nothing to do with those that make it.