basis point noun [C]

(Finance )

one hundredth of one per cent. This is often used to express the interest rate on bonds:

Yields on Treasury notes were roughly 30 basis points (0.3%) higher than last month.

• loss-making
• loss of earnings
• lost days
• lost time
• lot
• low
• lowball
• low-cost
• low-end
• lower
• lower-than-expected
• lowest common denominator
• low-fare
• low-grade
• low-hanging fruit
• low-impact
• low-income
• low-involvement product
• low-level
• low-margin
• low-paid
• low-pressure
• low-priced
• low-profile
• low-quality