Definition of basis point in US English:
basis point
nounˈbeɪsəs ˌpɔɪntˈbāsəs ˌpoint
Finance One hundredth of one percent, used chiefly in expressing differences of interest rates.
the Treasury will be paying an overall rate just 75–100 basis points above bill rates
Example sentencesExamples
- Adding these factors, you might expect us to show modest declines in our net interest margin of about a basis point a quarter this year.
- Fifteen-year fixed mortgage rates also declined one basis point, to 5.14%.
- A basis point is one hundredth of a percentage point.
- Each percentage point of inflation is associated with a 146 basis point increase in the earnings yield.
- The prospect of a 75 basis point interest rate cut had investors breathing easier by late last week, but it was another tough week overall, especially for tech investors.