Meaning BANK DISCOUNT BASIS: A convention used for quoting bids and offers for Treasury bills in terms of annualized yield, based on a 360-day year
More terms such as Bank discount basis in Dictionary B.
- Definition Broker:
- Examples is paid a commission for executing customer orders. Either a floor broker who executes orders on the floor of the exchange, or an upstairs broker who handles retail customers and their orders. Also bank discount basis definition.
- Definition Bond-Equivalent Basis:
- Examples The method used for computing the bond-equivalent yield bank discount basis explain.
- Definition Bulge:
- Examples A short-lived stock price increase. Synonymous with bubble bank discount basis what is.
- Definition Bank Trust Department:
- Examples Bank department that deals with estates, administers trusts, and provides services such as estate planning advice to its clients bank discount basis meaning.
- Definition Backed In:
- Examples In the context of general equities, to describe result of unanticipated events that allow for a purchase at a discount or a sale at a premium bank discount basis abbreviation.
