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 Benchmark Error:
- Examples Use of an inappropriate proxy for the true market portfolio bank discount basis definition.
- Definition Bi-Weekly Mortgage Loan:
- Examples A mortgage loan on which interest and principal payments are made every half-month (total of 26 payments) as opposed to monthly payments. This results in earlier loan retirement bank discount basis explain.
- Definition Basket Trades:
- Examples Related: Program trades bank discount basis what is.
- Definition Bond Indenture:
- Examples Contract that sets forth the promises of a corporate bond issuer and the rights of investors bank discount basis meaning.
- Definition Bidding Through The Market:
- Examples In the context of general equities, aggressive willingness to purchase a security at a premium to the inside market. Contrast with bidding buyer bank discount basis abbreviation.
