basis point

Show Summary Details

Quick Reference

A commonly used unit of measurement of changes or differences in interest rates. It is defined as 1 percent of 1 percentage point, so that a 50 basis points rise in the rate of interest means a rise by 0.5 percentage points.

Subjects: Economics.

Reference entries

See all related reference entries in Oxford Index »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.