What's the meaning of the Per ten thousand sign »

Per ten thousand sign

This page is about the meaning, origin and characteristic of the symbol, emblem, seal, sign, logo or flag: Per ten thousand sign.

Rate this symbol:(4.00 / 1 vote)
Per ten thousand sign

A per ten thousand sign or basis point (often denoted as bp, often pronounced as "bip" or "beep") is (a difference of) one hundredth of a percent or equivalently one ten thousandth. The related concept of a permyriad is one part per ten thousand. Figures are commonly quoted in basis points in finance, especially in fixed income markets.

The same unit is also (rarely) called a permyriad, literally meaning "for (every) myriad (ten thousand)". If used interchangeably, the permyriad is potentially confusing because an increase of one basis point to a 10 basis point value is generally understood to mean an increase to 11 basis points; not an increase of one part in ten thousand, meaning an increase to 10.001 basis points. This is akin to the difference between percentage and percentage point.

A permyriad is written with U+2031 ‱ PER TEN THOUSAND SIGN which looks like a percent sign (%) with three zeroes to the right of the slash.

43 Views

Graphical characteristics:
Asymmetric, Open shape, Monochrome, Contains both straight and curved lines, Has no crossing lines.

Category: Mathematical Symbols.

More symbols in Mathematical Symbols:

This is a list of symbols found within all branches of mathematics. read more »

3
>
10
1
2
4

Have a discussion about Per ten thousand sign with the community:

0 Comments

    Citation

    Use the citation below to add this symbol to your bibliography:

    Style:MLAChicagoAPA

    "Per ten thousand sign." Symbols.com. STANDS4 LLC, 2020. Web. 27 Oct. 2020. <https://www.symbols.com/symbol/per-ten-thousand-sign>.

    We need you!

    Are we missing an important symbol in this category?

    Graphical index

    Use our unique search feature to find a symbol based on its various graphical characteristics:


    • Symmetry:
    • Shape:
    • Colors:
    • Curveness:
    • Crossing:

    Thanks for your vote! We truly appreciate your support.