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What is another name for basis point?

Dfoofnik ∙

Lvl 1

∙ 16y ago

Updated: 11/8/2022

The "basis point" is a single ten-thousandth of a unit or amount. It is also known as a "permyriad" (related to "per cent"). 1/100 = 1 per cent (percentage) 1/1000 = 1 permille 1/10,000 = 1 permyriad

Wiki User

∙ 16y ago

What else can I help you with?

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