TOPICS
Search

Basis Point


One basis point is defined to be 0.01 percentage points. Therefore, a change of 0.21% could also be expressed as a change by 21 "basis points."


See also

Percentage Point

Explore with Wolfram|Alpha

Cite this as:

Weisstein, Eric W. "Basis Point." From MathWorld--A Wolfram Web Resource. https://mathworld.wolfram.com/BasisPoint.html

Subject classifications