Basis Point definition

Basis Point means 1/100th of 1%.
Basis Point means one one-hundredth (.01) of one percent.
Basis Point means one one-hundredth of one percent (0.01%).

Examples of Basis Point in a sentence

  • PFIs will receive a 25 Basis Point (0.25%) per year Servicing Fee, paid monthly, from the MPF Bank.

  • Basis Point represents the arithmetical amount of 0.0001, or stated differently a unit that is equal to 0.01% or one hundredth (1/100) of 1%.

  • Average Daily Net Assets Basis Point Rate WISDOMTREE ASSET MANAGEMENT, INC.

  • The Domestic Custody Basis Point Fee will be calculated by multiplying the market value of the domestic assets serviced on behalf of each Fund on the last business day of the month by the applicable basis point rate(s), dividing the result (or the sum of the results if tiered rates apply) by 360 and multiplying that amount by 30.

  • Basis Point Fees so calculated shall be allocated to each Portfolio on a pro rata basis based on the average daily net assets of each such Portfolio during the period.


More Definitions of Basis Point

Basis Point or “bps” means one one-hundredth of 1%.
Basis Point means one-one hundredth of a percentage point.
Basis Point means 1/100th of 1 percent.
Basis Point means one-hundredth of a percentage point (100 basis points = 1 percent).
Basis Point means one one-hundredth of one percent (.01%).
Basis Point means 1/100th of one percent.
Basis Point. 1/100th of one percent.