basis point

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noun Finance.

one hundredth of one percent, as of interest rates, or investment yields.

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Origin:
1965–70

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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a screen or mat covered with a dark material for shielding a camera lens from excess light or glare.

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Collins

World English Dictionary

basis point

—n
	a measure used for describing interest rates, equal to one hundredth of a percentage point (0.01%)

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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"We should have learnt by now that laws and court decisions can only point the way. They can establish criteria of right and wrong. And they can provide a basis for rooting out the evils of bigotry and racism. But they cannot wipe away centuries of oppression and injustice—however much we might desire it."

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