/ˈbeɪsɪs pɔɪnt/ – Phrase
Definition: Đơn vị đo lường tương đương với 1/100 phần trăm, thường được sử dụng trong tài chính và ngân hàng.
A more thorough explanation: (FINANCIAL) one hundredth of one percent; one percent of one percent (0.01 per cent). Often used to describe interest rates, especially on bonds
Example: On December 13, 2005, the Federal Reserve increased interest rates from4. 00% to4. 25%. That was an increase of 25 basis points.