Point: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Administrator (CSV import) |
imported>Doug Williamson (Classify page.) |
||
(One intermediate revision by the same user not shown) | |||
Line 1: | Line 1: | ||
1. | 1. | ||
A minimum price movement for a quoted instrument or asset. | A minimum price movement for a quoted instrument or asset. | ||
2. | ''Also known as a 'pip'.'' | ||
''US.'' | |||
2. ''US.'' | |||
1% of a loan principal amount, especially in the context of residential mortgage loans. | 1% of a loan principal amount, especially in the context of residential mortgage loans. | ||
== See also == | == See also == | ||
* [[Points]] | * [[Points]] | ||
* [[Principal]] | * [[Principal]] | ||
[[Category:Financial_products_and_markets]] |