basis price

basis price definition - business

basis price

The price of a security quoted in terms of its yield rather than its dollar price. Bonds are often quoted on a basis price reflecting yield to maturity because such information is of greatest importance to an investor deciding to buy or sell.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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