| | InvestHub.com's
Finance Dictionary and Glossary of Investment Terms
Point
Definition 1.
The smallest unit of price change quoted, or one one-hundredth of a percent. Related: Minimum price fluctuation and tick.
|
Definition 2.
For loans, 1% of the loan amount. For stocks, $1 per share. For bonds, 1% of the face value (usually $10, 1% of $1000).
|
|
|