basis point
Definition
Use basis point in a sentence
“ We had to figure out what the basis point was, so I asked my brother to do it, cause he knew all about that kind of thing. ”
“ We had seen a single basis point in commission because the stock was mostly staying even with occasional fluctuations in price. ”
“ Fred was happy his 401k had access to institutional class mutual funds, investor class funds had fees of up to 2 percent, but the institutional funds only charged a few basis points a year. ”