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What is bps?

What is bps? Here are some definitions.

Noun
  1. (computing) Initialism of bits per second, a measure of speed of digital communication.
  2. (computing) baud rate
  3. (finance) Initialism of basis points, ‱
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Examples
And coaches, scouts, and other recruiters can become aware of talented players who are graded using the BPS system.
In Tunisia, central bank CDS fell 29 bps to 173 bps after a new drive to restore order three weeks after an uprising overthrew the president.
Over the past 28 days, the Greek CDS has fallen by 255 bps Markit said.
The CDS on Santander, Spain's biggest bank, is 260 bps while that on Bankinter, a feisty rival, is 329 bps. Two things determine banks' funding costs apart from the country in which they are based.
In August, the improvement in market conditions allowed Dexia to tap this issue at 160 bps, i.e. 110 bps under the initial reoffer of 270 bps.
Egyptian five-year CDS hit a peak of 450 bps last Monday, fuelled by political unrest in the country.

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