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  1. ba·sis point
    IPA[ˈbāsəs ˌpoint]
  2. noun

    • 1. one hundredth of one percent, used chiefly in expressing differences of interest rates:

      the Treasury will be paying an overall rate just 75–100 basis points above bill rates
  3. Variation

    • n.: noun: basis point, plural noun: basis points