Basis: Difference between revisions

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(Created page with "{{a|plainenglish}}} All-purpose financial services jargon which, if uttered in relation to a point, means one hundredth of a percentage point, and when compari...")
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Revision as of 09:36, 25 January 2020

Towards more picturesque speech

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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”.