PIP is commonly used to refer to a unit of movement in the price of an economic asset, and it appears more often on the foreign exchange market than on any other market. Although stock merchants and buyers are rarely involved in fee adjustments (PIPs), it is advantageous to understand the kind of fee alternative that refers to the time period and why it is more relevant in other areas of trading. Percentage in Points is an abbreviation for one-hundredth of a percentage. As an example, a pass from 100 to 100.01 would represent a one-point-percentage-point advance.