ba.ses (bey'siz)

listen to the pronunciation of ba.ses (bey'siz)
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{ç} basis
ba.ses (bey''siz)
The difference between the price of a futures contract and the underlying commodity's spot (or cash) price
ba.ses (bey''siz)
The price an investor pays for a security plus any out-of-pocket expenses It is used to determine capital gains or losses for tax purposes when the stock is sold Also, for a futures contract, the difference between the cash price and the futures price observed in the market
ba.ses (bey''siz)
The difference between the price of futures and the spot price Also the grade of a commodity used as the standard for a contract For example, the basis grade
ba.ses (bey''siz)
The difference between the cash price and futures price
ba.ses (bey''siz)
If something is done on a particular basis, it is done according to that method, system, or principle. We're going to be meeting there on a regular basis They want all groups to be treated on an equal basis I've always worked on the basis that if I don't know anything technical I shan't be any worse off
ba.ses (bey''siz)
In a vector space, a linearly independent set of vectors spanning the whole vector space
ba.ses (bey''siz)
The difference between the current cash price of a commodity and the futures price of the same commodity
ba.ses (bey''siz)
The dollar amount that the Internal Revenue Service attributes to an asset for purposes of determining annual depreciation or cost recovery, and gain or loss in the sale of the asset The determination of basis is of fundamental importance in tax aspects of real estate investment All property has a basis If property was acquired by purchase, the owner's basis is the cost of the property plus the value of any capital expenditures for improvements to the property, reduced by any cost recovery depreciation actually taken or allowable The basis is also reduced by any untaxed gain "carried over" to the new property in cases where the new property is a replacement of a former residence or is acquired through a like'king exchange or through an involuntary conversion This new basis is called the property's adjusted basis (See adjusted basis, depreciable basis, original basis)
ba.ses (bey''siz)
The foundation of anything; that on which a thing rests
ba.ses (bey''siz)
The difference between the spot or cash price of a commodity and the price of the nearest futures contract for the same or a related commodity Basis is usually computed in relation to the futures contract next to expire and may reflect different time periods, product forms, qualities, or locations
ba.ses (bey''siz)
– Basis is the amount of your investment in a property for tax purposes The basis of property is used to calculate your gain or loss on the sale, exchange, or other disposition of your property It is also used to calculate your deductions for depreciation, amortization, depletion, and casualty losses If your property is used for both business and personal purposes, the basis must be allocated based on the use The original basis in your property is adjusted by improvements to your property (increases your basis) and by deductions taken for depreciation or casualty losses (decreases your basis) Back to Top
ba.ses (bey''siz)
a relation that provides the foundation for something; "they were on a friendly footing"; "he worked on an interim basis"
ba.ses (bey''siz)
The difference between the current cash price and the futures price of the same commodity Unless otherwise specified, the price of the nearby futures contract month is generally used to calculate the basis
ba.ses (bey''siz)
In economics, the difference between the current cash price and the futures price of a commodity
ba.ses (bey''siz)
Amount paid for an investment, including commissions and other expenses
ba.ses (bey''siz)
If you say that you are acting on the basis of something, you are giving that as the reason for your action. McGregor must remain confined, on the basis of the medical reports we have received
ba.ses (bey''siz)
the fundamental assumptions from which something is begun or developed or calculated or explained; "the whole argument rested on a basis of conjecture"
ba.ses (bey''siz)
The groundwork; the first or fundamental principle; that which supports
ba.ses (bey''siz)
the most important or necessary part of something; "the basis of this drink is orange juice"
ba.ses (bey''siz)
An underlying condition or circumstance
ba.ses (bey'siz)
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