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basis point meaning
EN
W
Basis point
A basis point (often denoted as bp,
basis point
Noun
PL
basis points
PRE
basi-
(
finance
) One
hundredth
of one
percentage point
.
Meaning of
basis point
for the defined word.
Grammatically, this idiom "basis point" is a
noun
, more specifically, a
countable noun
.
Part-of-Speech Hierarchy
Nouns
Countable nouns
Definiteness: Level 1
1
2
3
4
5
6
7
8
9
10
Definite ➨ Versatile
Related Links:
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basis points