Only fluorine is more reactive among non-metallic elements. It is two electrons short of a full octet and readily takes electrons from other elements. It reacts violently with alkali metals and white phosphorus at room temperature and less violently with alkali earth
By Chad Langager AAA |. A: A basis point is a unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument. One basis point is equivalent to 0.01% (1/100th of a percent) or 0.0001 in decimal form. In most cases, it refers to changes in interest rates and bond yields.
One of the many frequently used pieces of Wall Street jargon tossed out at investors by the financial press is the term basis points. This term is most often bandied about when discussing financial ratios or changes in interest rates. What is a basis point? Put simply, a basis point is equal to one-hundredth of one percentage point, or 0.01%. Writers use the terminology because it is precise when dealing with small absolute figures. Plus, high-minded terminology makes them sound like cool, seasoned industry insiders.