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
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
The 10-year Treasury yield slipped 2 basis points at 4.289% after giving up its gains in afternoon trading. Jesse Pound,sawdah Bhaimiya, CNBC, 5 Nov. 2024 In afternoon trading, the benchmark U.S. 10-year yield fell 6.6 basis points (bps) to 4.297% US10YT=RR, on track for its largest daily fall in two months. Gertrude Chavez-Dreyfuss, USA TODAY, 5 Nov. 2024 Despite the noisy data, the markets are pricing in high confidence that the Federal Reserve will cut rates by 25 basis points (0.25%) at the meeting on Thursday. Bill Stone, Forbes, 3 Nov. 2024 Not to mention, the central bank entered into a cutting cycle that same month, slashing its key interest rate by 50 basis points. Orianna Rosa Royle, Fortune, 1 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 14 Nov. 2024.

Last Updated: - Updated example sentences
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