: one hundredth of one percent (as in the yield of an investment)
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Demand was 7% higher than the same week one year ago, when mortgage rates were 35 basis points higher.—Diana Olick, CNBC, 3 June 2026 Excluding a tariff impact of 30 basis points, gross margin was even with last year.—David Moin, Footwear News, 3 June 2026 That’s roughly 55 basis points lower than the multi-year summit briefly notched in late May.—Shawn Tully, Fortune, 30 May 2026 That’s an increase of 53 basis points in an incredibly short period of time.—Jeff Lazerson, Oc Register, 26 May 2026 See All Example Sentences for basis point