Usually means: One hundredth of a percent.
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We found 27 dictionaries that define the word basis point:

General (12 matching dictionaries)
  1. basis point: Merriam-Webster
  2. basis point: Oxford Learner's Dictionaries
  3. basis point: American Heritage Dictionary of the English Language
  4. basis point: Collins English Dictionary
  5. basis-point: Wordnik
  6. basis point: Wiktionary
  7. basis point: The Wordsmyth English Dictionary-Thesaurus
  8. basis point: Infoplease Dictionary
  9. basis point: Dictionary.com
  10. Basis point: Wikipedia, the Free Encyclopedia
  11. basis point: TheFreeDictionary.com
  12. basis point: Longman Dictionary of Contemporary English

Business (12 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. Everybody's Legal Dictionary (No longer online)
  3. Derivatives (No longer online)
  4. INVESTORWORDS (No longer online)
  5. Basis point: bizterms.net
  6. basis point: Glossary of research economics
  7. basis point: Finance-Glossary.com
  8. Comprehensive Financial (No longer online)
  9. basis point: Financial dictionary
  10. BusinessDictionary.com (No longer online)
  11. Basis point: WashingtonPost.com: Business
  12. Yahoo Tax Center Glossary (No longer online)

Computing (1 matching dictionary)
  1. basis point: Encyclopedia

Science (2 matching dictionaries)
  1. Basis Point: Eric Weisstein's World of Mathematics
  2. How Many? A Dictionary of Units of Measurement (No longer online)

Definitions from Wiktionary (basis point)

noun:  (finance) One hundredth of one percentage point.

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