basis point


Definition
One hundredth of a percentage point (0.01%). Basis points are often used to measure changes in or differences between yields on fixed income securities, since these often change by very small amounts.


Related Terms

point -

Price Value of a Basis Point -

forward points -  More

Related Terms on BusinessDictionary

Related Personal Finance Articles

Loading...

basis point in the news

Loading...

Enter your email address to get our free Term of the Day newsletter!

basis point is ...

... part of the Economy and Lending & Credit subjects.

Search volume for basis point

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z