Specialty DigestSpecialty KnowledgeClear, sourced answers to the terms and ideas you meet in the news, at work and in study.Search Specialty KnowledgeSearchABCDEFGHIJKLMNOPQRSTUVWXYZEntries starting with BBasis pointA basis point is one hundredth of one percentage point (0.01%), used to describe small changes in interest rates and other financial percentages.