noun
General Slang
Bip
· noun · finance
Trader-floor pronunciation of 'bp' / basis point.
0
Definitions
1
Spoken shorthand for a basis point. Saying 'fifty bips' is faster than 'fifty basis points' and sounds less try-hard than 'fifty bee-pees'. Pure desk slang — you'll hear it on rates, credit and FX floors, never in a press release.
“Spread tightened ten bips on the print.”
by community
0
Bip In A Sentence
Spread tightened ten bips on the print.
Comments 0