Back

Definition: Unit Cost

# | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

 

For non-debt securities, the unit cost is defined as:

Cost Basis / Quantity

For fixed income, commercial paper, CDs, and T-Bills, the calculation is:

(Cost Basis / Quantity ) * 100

For mortgage-backed securities, the calculation is:

(Current Cost Basis / Quantity) / Current Factor * 100