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 The Fed is likely to cut rates at its next meeting in September and may be torn between a 25 basis point and 50 basis point reduction, Trichet added. Sophie Kiderlin,holly Ellyatt, CNBC, 6 Aug. 2024 The market has around 100 basis points of easing priced in for this year, and a similar amount for 2025. Reuters, USA TODAY, 6 Aug. 2024 Jeremy Siegel, professor emeritus of finance at the University of Pennsylvania’s Wharton School and senior economist at WisdomTree, told CNBC on Monday the Fed should institute an emergency rate cut of 75 basis points immediately. Sydney Lake, Fortune, 5 Aug. 2024 The Bank of Japan (BOJ) raised interest rates by 15 basis points to 0.25% on Wednesday, its second hike this year, and announced plans to taper off its policy of bond buying. Laura He, CNN, 2 Aug. 2024 See all Example Sentences for basis point 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'basis point.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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 Aug. 2024.

Last Updated: - Updated example sentences
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