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1.
1.
A minimum price movement for a quoted instrument or asset.
A minimum price movement for a quoted instrument or asset.
Also known as a 'pip'.


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]]

Latest revision as of 06:52, 2 July 2022

1.

A minimum price movement for a quoted instrument or asset.

Also known as a 'pip'.


2. US.

1% of a loan principal amount, especially in the context of residential mortgage loans.


See also