: the bottom of something considered as its foundation. Fruit juice constitutes the basis of jelly. He is on a first-name basis with his customers.

BASIS definition: 1. the most important facts, ideas, etc. from which something is developed: 2. a way or method of…. Learn more.

BASIS definition: the bottom or base of anything; the part on which something stands or rests. See examples of basis used in a sentence.

Basis is the underlying reason or assumption. The basis of a dictionary is that people are curious to learn the meanings of new words. You are interested, right?

Topic no. 703, Basis of assets Basis is generally the amount you paid for the asset. Use your basis to figure depreciation, amortization, depletion, casualty losses, and any gain or loss on the sale, …

1. a bottom or base; the part on which something stands or rests. 2. anything upon which something is based; a fundamental principle. 3. the principal constituent; fundamental ingredient.

a basic fact, amount, standard, etc., used in making computations, reaching conclusions, or the like: The nurse is paid on an hourly basis. He was chosen on the basis of his college grades.

In linear algebra, a basis is a set of linearly independent vectors that, in a linear combination, can represent every vector in a given vector space or free module, or, more simply put, which define a …

Basis trading is a financial strategy involving offsetting positions in a spot (cash) asset and a related derivative—most commonly a futures contract – aimed to profit from price convergence over time.

The basis of something is its starting point or an important part of it from which it can be further developed.