BaldwinClarke, Author at Independent Wealth + Business Advisory

Author: BaldwinClarke

#Finterms: Basis Points (BPS)

Basis points, often abbreviated as BP and sometimes denoted as bps or bips, are a unit of measure used in finance to describe the percentage change in the rate or value of financial instruments. One basis point is equal to 0.01% or 0.0001 in decimal form.

#Finterms: Assets Under Management (AUM)

Assets Under Management (AUM) refers to the total market value of investments managed by a financial institution, such as a mutual fund, hedge fund, or investment management firm.

#Finterms: Federal Deficit

A federal deficit occurs when spending exceeds revenue. Federal spending supports Social Security, Medicare, military defense, and countless other programs. Federal revenues largely come from taxes.

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#Finterms: Basis Points (BPS)

#Finterms: Assets Under Management (AUM)

#Finterms: Federal Deficit