HomeDefinitionsCompareDebt PointThe financial definition for Point:The smallest unit of price change quoted, or one one-hundredth of a percent. Related: Minimum price fluctuation and tick. Similar MatchesBasis pointBasis pointIn the bond market, the smallest measure used for quoting yields is a basis point. Each percentage point of yield in bonds equals 100 basis points. Basis points also are used for interest rates. An interest rate of 5% is 50 basis points higher than an interest rate of 4.5%. Sometimes referred to as BPS, BIPS, and pronounced "Bips" Bond pointsBond pointsA conventional unit of measure for bond prices set at $1 and equivalent to 1% of the $100 face value of the bond. A price of 80 means that the bond is selling at 80% of its face or par value. Break even pointBreak even pointRefers to the price at which a transaction produces neither a gain nor a loss. In the context of options, the term has the additional definitions: 1. Long calls and short uncovered calls: strike price plus premium. 2. Long puts and short uncovered puts: strike price minus premium. 3. Short covered call: purchase price minus premium. 4. Short put covered by short stock: short sale price of underlying stock plus premium. Further SuggestionsBreakpoint saleCash flow break even point Cutoff point Decision Break Point Analysis Point and figure chart Point Attractor Points quote Click to compare definitions of Point Click to view definitions beginning po |