basis point

noun

Definition of basis point

: 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 10-year bund yield traded 0.6 basis point lower on the day at minus 0.118%, having been at minus 0.116% before the announcement. Tom Fairless, WSJ, 20 Oct. 2021 The 10-year Treasury yield sits just a basis point below 1.5% early Tuesday. Jj Kinahan, Forbes, 22 June 2021 The ringgit was little changed at 4.2393 per dollar and 10-year government bond yields fell one basis point to 3.24%. Time, 20 Aug. 2021 China‘s benchmark 10-year bond yield fell one basis point to 2.87 percent after earlier being about two basis points higher on the day. BostonGlobe.com, 15 Aug. 2021 Over the last twelve months, the operating margin for Anthem declined by over 60 basis points, compared to a 60 basis point rise for UnitedHealth. Trefis Team, Forbes, 1 June 2021 According to the company, the 560 basis point increase in gross margin was primarily driven by a favorable mix shift to its DTC channel, product cost improvements, lower inbound freight and decreased tariffs. Shelley E. Kohan, Forbes, 13 May 2021 Every fee reduction of one basis point saves $200 annually, Mr. Brown notes. Glenn Ruffenach, WSJ, 3 May 2021 The 10-year yield enjoyed a blistering, powerful rally during Q1, at one point averaging more than a basis point a day of growth over a full month. Jj Kinahan, Forbes, 19 Apr. 2021

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'basis point.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of basis point

1962, in the meaning defined above

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Time Traveler for basis point

Time Traveler

The first known use of basis point was in 1962

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Dictionary Entries Near basis point

basiscopic

basis point

basis rate

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Statistics for basis point

Last Updated

30 Oct 2021

Cite this Entry

“Basis point.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/basis%20point. Accessed 27 Nov. 2021.

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