Glossary

October 21, 2020

BASIS POINT

Basis points measure the variation in financial instruments that often fluctuate in very small increments. One basis point is equal to .01%; therefore, 100 basis points […]
October 21, 2020

BILL OF MATERIALS [BM]

The bill of materials, or BOM, is a list of components to be used in fabricating a product. Including a precise BOM as a part of […]