basis point

noun

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

Examples of basis point in a Sentence

Recent Examples on the Web The yield on the 10-year Treasury was up by more than 2 basis points to 4.21%. Brian Evans,sophie Kiderlin, CNBC, 12 July 2024 Goldman has increased market share for global banking and markets by about 350 basis points, which Ryan said is the biggest gain in its peer group. Luisa Beltran, Fortune, 9 July 2024 The gap between 10-year French and German yields, a measure of credit risk, sits at around 70 basis points, below levels seen at the height of the market rout last month. Prarthana Prakash, Fortune Europe, 8 July 2024 Inflation remains around 9% despite the central bank hiking its benchmark interest rate by 350 basis points to 8.5% since May 2022. Arun Devnath / Bloomberg, TIME, 3 July 2024 See all Example Sentences for basis point 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'basis point.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1962, in the meaning defined above

Time Traveler
The first known use of basis point was in 1962

Dictionary Entries Near basis point

Cite this Entry

“Basis point.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/basis%20point. Accessed 27 Jul. 2024.

Last Updated: - Updated example sentences
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