Meaning Of The Word Basis point

Real Dictionary

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Basis point Meaning

Basis point Definition
Basis point Definition

What's The Definition Of Basis point?

basis point
In finance, a basis point is one hundredth of one per cent (.01%).

basis point in American English
a unit equal to 1⁄100 percent: used in measuring changes in interest rates, exchange rates, etc.
noun: one hundredth of one percent, as of interest rates, or investment yields

basis point in British English
noun: a measure used for describing interest rates, equal to one hundredth of a percentage point (0.01%)

basis point in Finance
noun: A basis point is one hundredth of a percent, used in expressing differences in interest rates.

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