A base point is defined as "0.001%"(0.01%) or "one hundredth percentage point", which can be expressed by arithmetic symbols? 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.

Other definitions

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: Understanding the situation through investigation and study is the basic point to 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, the concept of finance, benchmark, referred to as 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.