Home > Term: points
points
For loans, 1% of the loan amount. For stocks, $1 per share. For bonds, 1% of the face value (usually $10, 1% of $1000). See also basis point, break-even point, cutoff point, delivery point, price value of a basis point, seller's points, tick.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
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- MJ63
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