Meaning Of The Word Basis point

Real Dictionary

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
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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