*

 Basis Point A basis point (often abbreviated as bp, often pronounced as "bip" or "beep") is one hundredth of 1 percentage point. The related term ''permyriad'' means one hundredth of 1 percent. Changes of interest rates are often stated in basis points. If an interest rate of 10% increased by 1 bp, it changed to 10.01%. Definition :1 basis point (bp) = (a difference of) 1‱ or 0.01% or 0.1‰ or 10−4 or or 0.0001. :10 bp = (a difference of) 0.1% or 1‰ or 10‱. :100 bp = (a difference of) 1% or 10‰ or 100‱. Basis points are used as a convenient unit of measurement in contexts where percentage differences of less than 1% are discussed. The most common example is interest rates, where differences in interest rates of less than 1% per year are usually meaningful to talk about. For example, a difference of 0.10 percentage points is equivalent to a change of 10 basis points (e.g., a 4.67% rate increases by 10 basis points to 4.77%). In other words, an increase of 100 basis points mea ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu] picture info Bias Point In electronics, biasing is the setting of DC (direct current) operating conditions (current and voltage) of an active device in an amplifier. Many electronic devices, such as diodes, transistors and vacuum tubes, whose function is processing time-varying ( AC) signals, also require a steady (DC) current or voltage at their terminals to operate correctly. This current or voltage is called ''bias''. The AC signal applied to them is superposed on this DC bias current or voltage. The operating point of a device, also known as bias point, quiescent point, or Q-point, is the DC voltage or current at a specified terminal of an active device (a transistor or vacuum tube) with no input signal applied. A bias circuit is a portion of the device's circuit which supplies this steady current or voltage. Overview In electronics, 'biasing' usually refers to a fixed DC voltage or current applied to a terminal of an electronic component such as a diode, transistor or vacuum tube in a circui ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu] Investment Fund An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group such as reducing the risks of the investment by a significant percentage. These advantages include an ability to: * hire professional investment managers, who may offer better returns and more adequate risk management; * benefit from economies of scale, i.e., lower transaction costs; * increase the asset diversification to reduce some unsystematic risk. It remains unclear whether professional active investment managers can reliably enhance risk adjusted returns by an amount that exceeds fees and expenses of investment management. Terminology varies with country but investment funds are often referred to as investment pools, collective investment vehicles, collective investment schemes, managed funds, or simply funds. The regulatory term is undertaking for collective investment in transferable securities, or short collective invest ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu] Per-unit System In the power systems analysis field of electrical engineering, a per-unit system is the expression of system quantities as fractions of a defined base unit quantity. Calculations are simplified because quantities expressed as per-unit do not change when they are referred from one side of a transformer to the other. This can be a pronounced advantage in power system analysis where large numbers of transformers may be encountered. Moreover, similar types of apparatus will have the impedances lying within a narrow numerical range when expressed as a per-unit fraction of the equipment rating, even if the unit size varies widely. Conversion of per-unit quantities to volts, ohms, or amperes requires a knowledge of the base that the per-unit quantities were referenced to. The per-unit system is used in power flow, short circuit evaluation, motor starting studies etc. The main idea of a per unit system is to absorb large differences in absolute values into base relationships. Thus, repr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu] picture info Parts-per Notation In science and engineering, the parts-per notation is a set of pseudo-units to describe small values of miscellaneous dimensionless quantities, e.g. mole fraction or mass fraction. Since these fractions are quantity-per-quantity measures, they are pure numbers with no associated units of measurement. Commonly used are parts-per-million (ppm, ), parts-per-billion (ppb, ), parts-per-trillion (ppt, ) and parts-per-quadrillion (ppq, ). This notation is not part of the International System of Units (SI) system and its meaning is ambiguous. Overview Parts-per notation is often used describing dilute solutions in chemistry, for instance, the relative abundance of dissolved minerals or pollutants in water. The quantity "1 ppm" can be used for a mass fraction if a water-borne pollutant is present at one-millionth of a gram per gram of sample solution. When working with aqueous solutions, it is common to assume that the density of water is 1.00 g/mL. Therefore, it is common to ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu] picture info Parts Per Million In science and engineering, the parts-per notation is a set of pseudo-units to describe small values of miscellaneous dimensionless quantities, e.g. mole fraction or mass fraction. Since these fractions are quantity-per-quantity measures, they are pure numbers with no associated units of measurement. Commonly used are parts-per-million (ppm, ), parts-per-billion (ppb, ), parts-per-trillion (ppt, ) and parts-per-quadrillion (ppq, ). This notation is not part of the International System of Units (SI) system and its meaning is ambiguous. Overview Parts-per notation is often used describing dilute solutions in chemistry, for instance, the relative abundance of dissolved minerals or pollutants in water. The quantity "1 ppm" can be used for a mass fraction if a water-borne pollutant is present at one-millionth of a gram per gram of sample solution. When working with aqueous solutions, it is common to assume that the density of water is 1.00 g/mL. Therefore, it is common to eq ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu] Per Cent Mille A per cent mille or pcm is one one-thousandth of a percent. It can be thought of as a "milli-percent". It is commonly used in epidemiology, and in nuclear reactor engineering as a unit of reactivity. Epidemiology Statistics of crime rates, mortality and disease prevalence in a population are often given in Nuclear Reactivity In nuclear reactor engineering, a per cent mille is equal to one-thousandth of a percent of the reactivity, denoted by Greek lowercase letter rho. Reactivity is a dimensionless unit representing a departure from criticality, calculated by: :\rho=(k_-1)/k_ where keff denotes the effective multiplication factor for the reaction. Therefore, one pcm is equal to: :1~\text = \rho \cdot 10^5 This unit is commonly used in the operation of light-water reactor sites because reactivity values tend to be small, so measuring in pcm allows reactivity to be expressed using whole numbers. Related units * Percentage point difference of 1 part in 100 * Percentage (% ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu] picture info Percentage In mathematics, a percentage (from la, per centum, "by a hundred") is a number or ratio expressed as a fraction of 100. It is often denoted using the percent sign, "%", although the abbreviations "pct.", "pct" and sometimes "pc" are also used. A percentage is a dimensionless number (pure number); it has no unit of measurement. Examples For example, 45% (read as "forty-five per cent") is equal to the fraction , the ratio 45:55 (or 45:100 when comparing to the total rather than the other portion), or 0.45. Percentages are often used to express a proportionate part of a total. (Similarly, one can also express a number as a fraction of 1,000, using the term "per mille" or the symbol "".) Example 1 If 50% of the total number of students in the class are male, that means that 50 out of every 100 students are male. If there are 500 students, then 250 of them are male. Example 2 An increase of $0.15 on a price of$2.50 is an increase by a fraction of = 0.06. Expressed as a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu] Percentage Point A percentage point or percent point is the unit for the arithmetic difference between two percentages. For example, moving up from 40 percent to 44 percent is an increase of 4 percentage points, but a 10-percent increase in the quantity being measured. In literature, the unit is usually either written out, or abbreviated as ''pp'' or ''p.p.'' to avoid ambiguity. After the first occurrence, some writers abbreviate by using just "point" or "points". Differences between percentages and percentage points Consider the following hypothetical example: In 1980, 50 percent of the population smoked, and in 1990 only 40 percent of the population smoked. One can thus say that from 1980 to 1990, the prevalence of smoking decreased by 10 ''percentage points'' (or by 10 percent of the population) or by ''20 percent'' when talking about smokers only - percentages indicate proportionate part of a total. Percentage-point differences are one way to express a risk or probability. Consider a drug ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu] picture info Permille Per mille (from Latin , "in each thousand") is an expression that means parts per thousand. Other recognised spellings include per mil, per mill, permil, permill, or permille. The associated sign is written , which looks like a percent sign with an extra zero or o in the divisor. The term occurs so rarely in English that major dictionaries do not agree on the spelling and some major dictionaries such as '' Macmillan'' do not even contain an entry. The term is more common in other European languages where it is used to express fractions smaller than 1%. One common usage is blood alcohol content, which is usually expressed as a percentage in English-speaking countries. Per mille should not be confused with parts per million (ppm). Computer systems The code point for the glyph is included in the General Punctuation block of Unicode characters: .Unicode.General Punctuation. 2014. Accessed 5 Aug 2014. It may be typed using , , , or according to operating system. Note tha ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu] Percent In mathematics, a percentage (from la, per centum, "by a hundred") is a number or ratio expressed as a fraction (mathematics), fraction of 100. It is often Denotation, denoted using the percent sign, "%", although the abbreviations "pct.", "pct" and sometimes "pc" are also used. A percentage is a Dimensionless quantity, dimensionless number (pure number); it has no unit of measurement. Examples For example, 45% (read as "forty-five per cent") is equal to the fraction , the ratio 45:55 (or 45:100 when comparing to the total rather than the other portion), or 0.45. Percentages are often used to express a proportionate part of a total. (Similarly, one can also express a number as a fraction of 1,000, using the term "per mille" or the symbol "".) Example 1 If 50% of the total number of students in the class are male, that means that 50 out of every 100 students are male. If there are 500 students, then 250 of them are male. Example 2 An increase of $0.15 on a price of$2.50 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu] picture info Denominator A fraction (from la, fractus, "broken") represents a part of a whole or, more generally, any number of equal parts. When spoken in everyday English, a fraction describes how many parts of a certain size there are, for example, one-half, eight-fifths, three-quarters. A ''common'', ''vulgar'', or ''simple'' fraction (examples: \tfrac and \tfrac) consists of a numerator, displayed above a line (or before a slash like ), and a non-zero denominator, displayed below (or after) that line. Numerators and denominators are also used in fractions that are not ''common'', including compound fractions, complex fractions, and mixed numerals. In positive common fractions, the numerator and denominator are natural numbers. The numerator represents a number of equal parts, and the denominator indicates how many of those parts make up a unit or a whole. The denominator cannot be zero, because zero parts can never make up a whole. For example, in the fraction , the numerator 3 indicates that the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu] picture info Percent Sign The percent sign (sometimes per cent sign in British English) is the symbol used to indicate a percentage, a number or ratio as a fraction of 100. Related signs include the permille (per thousand) sign and the permyriad (per ten thousand) sign (also known as a basis point), which indicate that a number is divided by one thousand or ten thousand, respectively. Higher proportions use parts-per notation. Correct style Form and spacing English style guides prescribe writing the percent sign following the number without any space between (e.g. 50%). However, the International System of Units and ISO 31-0 standard prescribe a space between the number and percent sign, in line with the general practice of using a non-breaking space between a numerical value and its corresponding unit of measurement. Other languages have other rules for spacing in front of the percent sign: * In Czech and in Slovak, the percent sign is spaced with a non-breaking space if the num ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]