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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At that meeting, the odds of three 25-basis point cuts are about 2%, of two such cuts 11%, and one cut 35%. Rachel Barber, USA Today, 29 Apr. 2026 Consumer postpaid phone churn was 90 basis points in Q1, a sequential improvement of 5 basis points from Q4, and improved further in March to below 85 basis points. Sheryl Estrada, Fortune, 28 Apr. 2026 Last year at this time, the 30-year fixed was 55 basis points higher. Diana Olick, CNBC, 22 Apr. 2026 The average mortgage refinance rate on a 30-year mortgage is 6.67% as of April 8, 2026, down more than 20 basis points from earlier in the week, according to Zillow. Matt Richardson, CBS News, 8 Apr. 2026 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

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Cite this Entry

“Basis point.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/basis%20point. Accessed 2 May. 2026.

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