Swedish rounding is rounding the basic cost of a purchase which is to be paid for in cash to the nearest multiple of the smallest denomination of currency. The term "Swedish rounding" is used mostly in Australia, where such a method has been practised since the 1990s.
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Famous quotes containing the word rounding:
“The past absconds
With our fortunes just as we were rounding a major
Bend in the swollen river; not to see ahead
Becomes the only predicament when what
Might be sunken there is mentioned only
In crabbed allusions but will be back tomorrow.”
—John Ashbery (b. 1927)