Sorry, something has gone wrong. Best Answer: The Enhanced Fujita Scale, or EF Scale, is the scale for rating the strength of tornadoes in the United States estimated via the damage they cause.
DEFINITION of 'Basis Trading'. An arbitrage trading strategy that aims to profit from perceived mispricing of similar securities.
BREAKING DOWN 'Basis Point (BPS)'. The basis point is commonly used for calculating changes in interest rates, equity indexes and the yield of a fixed-income security. It is common for bonds and loans to be quoted in basis point terms. For example, it could be said that the interest rate offered by your bank is 50 basis points higher than LIBOR.