: one hundredth of one percent (as in the yield of an investment)
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Last week, the BOK hiked its benchmark interest rate by 25 basis points to 3%.—
William Pesek,
Forbes.com,
31 Aug. 2026 The firm continues to expect the Fed to hike 50 basis points this year, with increases at the September and December Federal Open Market Committee meetings.—
Justina Lee,
CNBC,
31 Aug. 2026 Yet in Korea, the hit to growth is between 10 and 17 basis points.—
Mia Osmonbekov,
Fortune,
30 Aug. 2026 See All Example Sentences for basis point