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
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Interest income increased by $5.9 million to $11.5 million, driven by a 163 basis point increase in yield on interest-earning assets and a $343.2 million increase in the average balance of loans. Quartz Bot, Quartz, 14 Nov. 2024 Investors sold off bonds, causing the 10-year Treasury note yield to rise 17 basis points. Rob Wile, NBC News, 6 Nov. 2024 The market expects an interest rate cut of 25 basis points on Thursday. Matthew J. Belvedere, CNBC, 4 Nov. 2024 Another 25 basis points cut is expected in December, so Chair Powell’s remarks will be crucial to fine-tuning those expectations. Bill Stone, Forbes, 3 Nov. 2024 See all Example Sentences for basis point 

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 22 Nov. 2024.

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