Percentage point: Difference between revisions
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imported>Doug Williamson (Add abbreviation.) |
imported>Doug Williamson (Classify page.) |
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== See also == | == See also == | ||
* [[Basis point]] | * [[Basis point]] | ||
* [[Percentage]] | |||
[[Category:The_business_context]] | |||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] |
Latest revision as of 12:36, 24 December 2019
(pp).
A percentage point is 1%, or 100 basis points.
An increase of 3%, say from 2% to 5%, is an increase of three percentage points, or 300 basis points.