basis point

noun

Definition of basis point

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

1962

First Known Use of basis point

1962

Learn More about basis point


Seen and Heard

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

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

WORD OF THE DAY

to glide in or as if in an airplane

Get Word of the Day daily email!

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!