basis point

Noun

Meaning

English Wikipedia has an article on:basis pointWikipedia
basis point (plural basis points)

(finance) One hundredth of one percentage point.

Source: en.wiktionary.org

Examples

I haven't traveled in Africa nearly as much as I'd like to. I've been there a few times, and I'd like to learn more about the various cultures in Africa. But that's the basis point of where all of the music that I love is based upon, from Africa to Cuba to Puerto Rico to South America. Chick Corea

Close letter words and terms

basis of rules basis of society basis of the principles basis points basis price basis spline