• Market abbreviation for basis points. 1/100th of 1%. Thus, 1 bp means 1 basis point, 10 bp means 10 basis points. Also referred to as beeps.
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| ||Basis point|
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| ||Point: The smallest unit of price change quoted or, one one-hundredth of a percent. Related: minimum price fluctuation and tick.(1) 100 Bp = 1%. (2) One percent of the face value of a note or bond. (3) In the foreign-exchange market, the lowest level at which the currency is priced. Example: "One point" is the difference between sterling prices of $1,8080 and $1,8081.Is one percent of the principal amount.|
Managing Your Expenses on a Fixed or Reduced Income: Once you've retired, you finally have the opportunity to work at your dream job - keeping yourself happy. It's your chance to visit places you've always wanted to see, take up a new hobby and spend more time with your family and friends. But to be successful at this new position, you've got to make the most of your income and investments. Here are suggestions. More...
People of mediocre ability sometimes achieve outstanding success because they don't know when to quit. Most men succeed because they are determined to. – George Herbert Allen