noun
standard price; base price; reference price
Financial term used for a benchmark or reference price, such as the net asset value of an investment trust.
投資信託の基準価額は毎日変動します。
The net asset value of the investment trust fluctuates daily.
Compound of 基準 (standard, basis) and 価額 (value, price). The exact historical derivation is uncertain; the spelling is conventionally associated with financial contexts.