Energy
What is Basis Risk?
Risk that local prices diverge from the benchmark used in a hedge.
In real work
Basis risk widened in the Midwest hub. Review index choice for the storage book.
Related terms
How is this different from Googling it?
Google gives a definition. Prompthaus pairs each term with how it shows up in standups, PRs, prompts, and design reviews—then quizzes you until the word sticks. One term a day on iPhone.