Point: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing and italics added 21/8/13) |
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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'. | |||
''Also known as a 'pip'.'' | |||
2. | 2. | ||
''US.'' | ''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]] | ||
