Definitions for "base point"
a point specified in command "point", cg to serve as the initial point for creating a family cg of points translated, rotated or scaled from the cg preceding point
Refers to yield on bonds. Each percentage point of yield in bonds equals 100 basis points.
One hundredth (1/100) of one percent is a basis point. If a currency changes from 4.50% to 4.80%; it is represented as a 30 basis point move.