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basis point

noun

Definitions

  1. One hundredth of one percentage point.

    • The RBI this month raised rates by 50 basis points after a 40 bps hike in May.

The neighborhood

Vish — recursive loop

No curated loop yet for basis point. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA