basis point
Word Rarity
Uncommon
Frequency: Zipf frequency 4.74 in modern English
14
Scrabble Score
10
Letters
3
Syllables
8
Unique Chars
Meaning
noun
One hundredth of one percentage point.
Example Sentences
- "The RBI this month raised rates by 50 basis points after a 40 bps hike in May."
- "Triggered by a sell-off of Treasury bonds, the 10-year bond yield jumped by 17.2 basis points, briefly hitting 4.5%, the biggest hike in a year. The 30-year yield rose by 20 basis points, a one-day hike not seen since 2020, when pandemic panic set in."