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{{a|plainenglish}}}
{{a|plainenglish|}}
All-purpose financial services jargon which, if uttered in relation to a [[basis point|point]], means one hundredth of a percentage point, and when comparing two things, means the unhedged difference between them. Hence “[[basis risk]]”.
All-purpose financial services jargon which, if uttered in relation to a [[basis point|point]], means one-hundredth of a percentage point, and when comparing two things, means the unhedged difference between them. Hence “[[basis risk]]”.

Revision as of 09:36, 25 January 2020

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All-purpose financial services jargon which, if uttered in relation to a point, means one-hundredth of a percentage point, and when comparing two things, means the unhedged difference between them. Hence “basis risk”.