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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The 10-year Treasury yield added nearly six basis points at 4.745%. Sawdah Bhaimiya, CNBC, 10 Jan. 2025 Yields for the baseline 10-year U.S. Treasury note shot up about 10 basis points to its highest level since Nov. 2023 at nearly 4.8%; higher bond yields indicate less valuable bonds as investors demand higher interest payments to hold government debt. Derek Saul, Forbes, 10 Jan. 2025 The 10-year U.S. Treasury note jumped 7 basis points to 4.68 in mid-morning trading. Andrea Riquier, USA TODAY, 8 Jan. 2025 The modest decline in rates will entice some buyers back into the market, but persistently low housing affordability will keep many on the sidelines: Mortgage rates need to fall by more than 400 basis points to restore pre-pandemic affordability. Robert Thorpe, Newsweek, 8 Jan. 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 18 Jan. 2025.

Last Updated: - Updated example sentences
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