Basis point
Term · Law · MLC-T-LAW-000683
A common unit of measure in finance, equal to one one-hundredth of a percentage point (0.01%). It is used to denote changes in interest rates, bond yields, or other financial percentages. For example, a change of 50 basis points is equivalent to a 0.50% change.
| Identifier | MLC-T-LAW-000683 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-000683",
"term": "Basis point",
"field": "Law",
"definition": "A common unit of measure in finance, equal to one one-hundredth of a percentage point (0.01%). It is used to denote changes in interest rates, bond yields, or other financial percentages. For example, a change of 50 basis points is equivalent to a 0.50% change.",
"url": "https://mlchart.com/terminology/law/basis-point/"
}
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