answersLogoWhite

0

The term basis point is a percentage measurement used to compare losses and gains on fixed income investments such as a bond. One basis point is equal to 0.01%.

User Avatar

Wiki User

11y ago

Still curious? Ask our experts.

Chat with our AI personalities

MaxineMaxine
I respect you enough to keep it real.
Chat with Maxine
RafaRafa
There's no fun in playing it safe. Why not try something a little unhinged?
Chat with Rafa
RossRoss
Every question is just a happy little opportunity.
Chat with Ross

Add your answer:

Earn +20 pts
Q: What is the term 'basis points' used for?
Write your answer...
Submit
Still have questions?
magnify glass
imp