basis point


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 rate
Previous Word in the Dictionary: basiscopic
All Words Near: basis point

Seen & Heard

What made you want to look up basis point? Please tell us where you read or heard it (including the quote, if possible).

Get Our Free Apps
Voice Search, Favorites,
Word of the Day, and More
Join Us on FB & Twitter
Get the Word of the Day and More