Accounting procedure used to determine
the capital gain or loss after the sale of property.
It is equal to purchase price, plus capital
improvements, less depreciation.
Merriam-Webster Online Dictionary
basis (noun)1.
the bottom of something considered as its foundation
2.
the principal component of something
3.
a) something on which something else is established or based
b) an underlying condition or state of affairs - hired on a trial basis on a first-name basis
4.
the principle - basic
5.
a set of linearly independent vectors in a vector space such that any vector in the vector space can be expressed as a linear combination of them with appropriately chosen coefficients
Merriam-Webster Online Thesaurus
basis (noun)an immaterial thing upon which something else rests
SYNONYMS:
basis, bedrock, bottom, cornerstone, footing, foundation, ground, groundwork, keystone, root, underpinning, warp, warp and woofRELATED WORDS:
anchorage, bed, brace, bulwark, buttress, framework, infrastructure, mount, prop, shore, stay, substratum, substructure, support; assumption, justification, premise ( premiss), presumption, presupposition, rationale, supposition, theory, thesis, warrant; backbone, center, core, cornerstone, eye, focus, heart, hub, kernel, keystone, nucleus, seat; essence, quintessence, soul, touchstone
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