The National Directory of Certified Public Accountants

Ask A CPA - Investments & Financial Planning

What Is A Basis Point ?

A basis point is One hundredth of a percent 0.01%. It is used to measure changes in or differences between yields or interest rates.

If you need professional help with "Investments & Financial Planning" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.