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Justia Legal Dictionary Pip

Pip

The smallest price unit of a commodity or currency.

Source: Commodity Futures Trading Commission

Last reviewed October 2022

Today on Verdict

Partisan Gerrymandering Case Under the New Mexico Constitution Nears Critical Point

UC Davis Law professor Vikram David Amar discusses the ongoing legal battle over congressional redistricting in New Mexico, where Republicans have filed a lawsuit claiming that new district maps favor Democrats and violate the state constitution.

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