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basis point
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    Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia 0.06 sec.

basis point

Unit commonly used in finance, equivalent to one hundredth of 1%, or 0.01%. For example, if a bond's yield rises from 8.50% to 8.55%, it is said to have risen by 5 basis points.



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Results for apartments were disappointing, as the sector's investment rating dipped 30 basis points from second quarter to 5.
Office buildings lead the pack in investment market by Real Estate Weekly
The new rider guarantees withdrawals of up to 5% a year of premium for an annual charge of 20 basis points.
Hartford Life Insurance Co by Panko, Ron / Best's Review
The FOMC reduced short-term rates 25 basis points at its June meeting instead of the 50 basis points the "smart money" in the markets was expecting, and the long end of the bond market collapsed.
The emergence of an important Fed insider. (Off The News) by The International Economy
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