follow Dictionary.com

Get the details behind our redesign

basis point

noun, Finance.
1.
one hundredth of one percent, as of interest rates, or investment yields.
Origin
1965-1970
1965-70
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source
Examples for basis point
  • Pension and other funds made high leverage possible by chasing every last basis point of yield.
British Dictionary definitions for basis point

basis point

noun
1.
a measure used for describing interest rates, equal to one hundredth of a percentage point (0.01%)
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cite This Source

Word of The Day

Difficulty index for basis point

Few English speakers likely know this word

Word Value for basis

7
8
Scrabble Words With Friends