Definition, Meaning & Synonyms
quarter-point
Noun
ˈkwɔːrtər pɔɪnt
Definition
A quarter-point refers to a specific financial term indicating a measure of change in interest rates or stock prices, equal to 0.25 of a percent.
Examples
- The Federal Reserve decided to raise interest rates by a quarter-point to combat inflation.
- When the stock market fluctuated, shares increased by a quarter-point.
- A quarter-point reduction in mortgage rates can save homeowners a considerable amount.
Meaning
The term is often used in financial contexts to denote a small adjustment, such as an interest rate hike or decrease, which is significant enough to impact financial decisions.
Synonyms
- Quarter percent
- 0.25 percent
- Quarter basis point