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English definition of “half point”

half point

noun [C]
 
 
FINANCE, STOCK MARKET
half of one percent: Reaction to the worsening international situation knocked the 30-year Treasury bond down a half point.a half point rise/increase/cut Markets have been badly affected by the half point rise in U.S. interest rates.
(Definition of half point from the Cambridge Business English Dictionary © Cambridge University Press)
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