answersLogoWhite

0

It is referred to as a "Basis Point" this term is often used to express the change or spread on mortgage & other lending rates that trade fractional higher or lower on any given day. This also express's a " Yield".

User Avatar

Wiki User

14y ago

Still curious? Ask our experts.

Chat with our AI personalities

LaoLao
The path is yours to walk; I am only here to hold up a mirror.
Chat with Lao
ProfessorProfessor
I will give you the most educated answer.
Chat with Professor
BeauBeau
You're doing better than you think!
Chat with Beau
More answers

onr qiurt

User Avatar

Victor Suárez

Lvl 2
3y ago
User Avatar

Add your answer:

Earn +20 pts
Q: What is the name for one thousandth of a dollar?
Write your answer...
Submit
Still have questions?
magnify glass
imp