basis point
noun Finance.
one hundredth of one percent, as of interest rates, or investment yields.
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What does "scattergood" mean?
a person who acts as though he or she knows everything and who dismisses the opinions, comments, or suggestions of others.
a person who spends possessions or money extravagantly or wastefully; spendthrift.
a well-intentioned but naive and often ineffectual social or political reformer.
TAKE THE QUIZ TO FIND OUTOrigin of basis point
First recorded in 1965–70
Words nearby basis point
basipetal, basiphobia, basis, basis of articulation, basisphenoid, basis point, basis weight, basivertebral vein, bask, Baskerville, basket
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Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
British Dictionary definitions for basis point
basis point
noun
a measure used for describing interest rates, equal to one hundredth of a percentage point (0.01%)
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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