Definitions for basis point
ba·sis point

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1. basis pointnoun

   One hundredth of one percentage point

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1. Basis point

   A basis point (often abbreviated as bp, often pronounced as "bip" or "beep") is one hundredth of 1 percentage point. The related term permyriad means one hundredth of 1 percent. Changes of interest rates are often stated in basis points. If an interest rate of 10% increased by 1 bp, it changed to 10.01%.

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1. Basis point

   A basis point is a unit equal to one hundredth of a percentage point, or one part per ten thousand, 1/10000. The same unit is also called a permyriad, literally meaning 'for myriad', and in that context is written with U+2031 ‱ per ten thousand sign which looks like a percent sign with two extra zeroes at the end. A basis point is defined as:−4¹ Basis points are used as a convenient unit of measurement in contexts where percentage differences of less than 1% are discussed. The most common example is interest rates, where differences in interest rates of less than 1% per year are usually meaningful to talk about. For example, a difference of 0.10 percentage points is equivalent to a change of 10 basis points. Like percentage points, basis points avoid the ambiguity between relative and absolute discussions about interest rates by dealing only with the absolute change in numeric value of a rate. For example, if a report says there has been a "1% increase" from a 10% interest rate, this could refer to an increase either from 10% to 10.1%, or from 10% to 11%. If, however, the report says there has been a "10 basis point increase" from a 10% interest rate, then we know that the interest rate of 10% has increased by 0.10% to a 10.1% rate.

How to pronounce basis point?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say basis point in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of basis point in Chaldean Numerology is: 8

2. Pythagorean Numerology

   The numerical value of basis point in Pythagorean Numerology is: 7

Examples of basis point in a Sentence

1. Manuel Oliveri:

   There is some caution ruling markets as we have seen with the reaction to stock markets. Ultimately, the Fed/ECB divergence will be the focus, with markets already pricing in a 10 basis point deposit rate cut by the ECB and extension of the QE programme.

2. Richard Kurth:

   It's going to take three or four 25 basis point rate increases before you shoot past the Libor floor and it actually changes borrower interest expenses.

3. Joe Brusuelas:

   This would cause the Federal Reserve to quicken the pace of its policy normalization. You would hear more about a 50-basis point increase.

4. Eric Marshall:

   We want to have a 1 percent or 2 percent position in that stock and we end up with a 25-basis-point position.

5. Edward Moya:

   Powell's speech pretty much cements in only a 25 basis-point cut in September.

References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Basis_Point
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Basis_Point
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=basis point