Basis Point definition

Basis Point means one one-hundredth of one percent (0.01%).
Basis Point means 1/100th of 1%.
Basis Point means one one-hundredth of 1%.

Examples of Basis Point in a sentence

  • The Basis Point Fee shall be billed by Sponsor quarterly in arrears.

  • The Basis Point Fee shall be payable within 30 days of the receipt of an invoice from Sponsor.


More Definitions of Basis Point

Basis Point or “bps” means one one-hundredth of 1%.
Basis Point means 1/100th of 1 percent.
Basis Point means one-one hundredth of a percentage point.
Basis Point and “bp” each means one one-hundredth of one percent (.01%).
Basis Point means 1/100th of one percent.
Basis Point means one hundredth of one percent (.01 percent), 100 Basis Points are equal to one percent.
Basis Point means one-hundredth of a percentage point (100 basis points = 1 percent).