Concept information
Preferred term
basis points
Definition
- A basis point is a unit of measurement in the market for loan finance used by the market participants in relation to interest rates and bond yields. One basis point is one percent of one percent. [Source: Encyclopedia of Business in Today's World; Basis Points]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/basis_points
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