Grunnpoeng
Grunnpoeng is a Norwegian term used to denote a small unit of measurement for changes expressed in percentage terms, primarily in finance and economics. The word combines grunn meaning base or fundamental and poeng meaning points, reflecting its role as a base unit for quantifying small differences. The concept is closely related to basis points in English and is employed to describe subtle movements in interest rates, yields, credit spreads, and other financial indicators.
In practice, 1 grunnpoeng generally corresponds to 0.01 percentage points, or 0.0001 in decimal form. Consequently,
Grunnpoeng is typically used alongside prosentpoeng (percentage points) in Norwegian financial discourse. Prosentpoeng denotes an absolute
Notes on usage: while grunnpoeng is common in Norwegian-language contexts, some contexts, especially international reporting, may