Basis Point (bp)A unit of measurement denoting a change in the interest rate of a financial instrument that is equal to 1/100th of 1%. Relates to debt. « Back to Glossary Index bsmith@carofin.com2022-10-04T10:36:06-04:00Our Knowledge Base contains lots more information about investing in private placements. And, if you’re ready to begin reviewing private investment opportunities visit our Investment Marketplace.FacebookTwitterLinkedInEmail