Unique rules apply to properties gotten via gift or inheritance, along with to the worth of supply funds held for a period throughout which incomes are reinvested. The term is often used to describe changes to interest rates. As an example, if a mortgage's rate goes from 4.63 to 4.41 percent, you would certainly state that it decreased by 22 basis factors. This term is more specific than saying it decreased by 0.22 percent.