Transposition Error
Categories: Tech
This problem used to be a big deal when computers didn’t exist broadly and human labor wrote with a pen from one black book to another, recording securities transactions. Numbers ended up being transposed—put from one book to another—incorrectly.
That “4”? It kinda looks like a zero if the top part is too fat. And that zero? There’s kind of a line in it...wasn’t that an “8”? And the “7”? Isn’t that a “1”? Big fat problem when the buyer meant she wanted to buy 100 shares and, in transposition, the broker billed her for 700.
