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Point |
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Point The smallest unit of price change quoted, or one one-hundredth of a percent. Related: Minimum price fluctuation and tick. Point A way of conceptualizing price changes in the trading of securities. For stocks, a point corresponds to $1, while for bonds it indicates a 1% change relative to the face value. For example, if one states that GE rose two points on Thursday, this means that it rose $2. See also: Tick.
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