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Basis Points
Basis Points is a financial term that describes one one-hundreth of a percent (1 basis point = .0001 or .01%). Normally, the addition of basis points for...
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Risk Management
Risk management is the act of carefully examining business processes to prevent the possible loss of revenue and other assets. Learn More
Related Terms
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Interchange
Interchange is a small fee paid by a merchant's bank (acquirer) to a cardholder's bank (issuer) to compensate the issuer for the value and benefits that merchants...
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