Definition of "Basis point"

Heather B. Dunn real estate agent
Heather B. Dunn Front Porch Realty

Unit used to measure movements in interest rates. It is the equivalent to one one-hundredth of 1%. One hundred basis points equals 1%.

Have a question or comment?
We're here to help.

*** Your email address will remain confidential.


Popular Insurance Terms

Popular Insurance Questions