Basis Point. A unit of measurement denoting a change in the interest rate of a financial instrument that is equal to 1/100th of 1%. Relates to debt.
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by bsmith@carofin.com | Oct 4, 2022
Basis Point. A unit of measurement denoting a change in the interest rate of a financial instrument that is equal to 1/100th of 1%. Relates to debt.
« Back to Glossary Index