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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Thanks to rising share across its stores, market share in the UK and Ireland increased 20 basis points year on year. Royston Wild, Forbes, 12 Dec. 2024 Meanwhile, the 2-year Treasury rose less than 1 basis point to 4.153%. Sean Conlon,sophie Kiderlin, CNBC, 11 Dec. 2024 The yield on benchmark U.S. 10-year notes US10YT=RR rose 5.2 basis points to 4.267%. Chibuike Oguh, USA TODAY, 11 Dec. 2024 The company expects fourth-quarter fiscal 2024 total company operating margin to increase 200 basis points to 300 basis points compared with total company operating margin of minus 2.2 percent in the fourth quarter of fiscal 2023. David Moin, WWD, 10 Dec. 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 17 Dec. 2024.

Last Updated: - Updated example sentences
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