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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Chipotle Mexican Grill estimates that the wildfires hurt its January same-store traffic growth by 400 basis points, or 4%. Amelia Lucas, CNBC, 16 Feb. 2025 Interest rate futures now suggest traders see about a 70% chance the Fed will reduce rates by another 25 basis points by the end of 2025, down from about an 80% chance on Tuesday, according to CME Fedwatch. Noel Randewich and Shashwat Chauhan, USA TODAY, 13 Feb. 2025 In other second-quarter statistics, there was a 50.9 percent gross margin rate, representing an increase of 110 basis points year-over-year; inventory decreased 1.3 percent last quarter to 404.6 million euros. David Moin, WWD, 11 Feb. 2025 Overall, Fannie Mae expects mortgage rates to be 20 basis points higher in 2025 and 30 basis points higher in 2026 than in its previous outlook. Justin Gest, Newsweek, 11 Feb. 2025 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 20 Feb. 2025.

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