Meaning Of The Word Basis point
What's the definition of Basis point? Find Basis point meanings, definitions and more at the Real Dictionary online.
Basis point Meaning
| Basis point Definition |
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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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