Dictionary

basis point

noun

Definition of BASIS POINT

:  one hundredth of one percent (as in the yield of an investment)

First Known Use of BASIS POINT

1967

Browse

Next Word in the Dictionary: basis ratePrevious Word in the Dictionary: basiscopicAll Words Near: basis point
July 28, 2015
pachyderm Hear it
an elephant
Take a 3-minute break and test your skills!
How to use a word that (literally) drives some people nuts.
Test your vocab with our fun, fast game
Ailurophobia, and 9 other unusual fears