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Concept information

Preferred term

basis points  

Definition

  • A basis point is a unit of measurement in the market for loan finance used by the market participants in relation to interest rates and bond yields. One basis point is one percent of one percent. [Source: Encyclopedia of Business in Today's World; Basis Points]

Broader concept

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URI

http://data.loterre.fr/ark:/67375/N9J-W396SJK1-7

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