# Point

**Definition:** In bonds, a point is quoted as a percentage of 1,000, therefore, 1 point is equivalent to $10. In stocks, 1 point equals $1. In credit finance, points are equal to the percentage costs of doing the l**Definition:** oan, in other words, 2 points are equal to 2% of the amount of the loan...a key concept or intent of an action.
**Definition:** [crh] The smallest unit of price change quoted, or one one-hundredth of a percent. Related: Minimum price fluctuation and Definition: "/?rd=tick">tick.

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