Percentage refers to the change range of relative indicators (such as speed, index, composition, etc.). ) expressed in the form of percentage in different periods is the correct unit to express the "arithmetic gap" (that is, the difference) between different percentages. Percent is the correct unit to represent the "arithmetic difference" between different percentages.
And bp is the foundation? The abbreviation of Point, usually called the base point in Chinese, is used to measure the interest rate changes of bonds and bills in finance. In addition, a base point is defined as "0.001%"(0.01%) or "one hundredth of a percentage point", and the arithmetic symbol can be used? Express delivery. It is widely used to calculate interest rates, exchange rates and stock prices, because these fields need to involve the calculation of tiny percentages.
So a base point is equal to 1 percentage point of 1%, that is, 0.0 1%. And 100 basis points is equal to 1%.
Other definitions of bp:
1. The basis of some activities: promoting new cotton production technology based on cotton-producing villages.
2. The foundation of the development of things; Foundation: Only by investigating and studying the situation can we solve the problem.
3. Base point in 3.CAD: Determine the base point according to the actual situation. For example, rotation will have a central point, and this central point is the base point.
4. Base point in the network: based on a PC or a site, the center radiating to the surrounding or peripheral network is called the base point.
5. Center; Key point.
6, the concept of finance, benchmark, referred to as the basis. Concept: the difference between the spot price and the futures contract price of the same commodity. That is, the gap between the current price and the futures price.