TAX BASIS


Meaning of TAX BASIS in English

Used in the context of finance, this refers to the original cost of an asset less depreciation that is used to determine gains or losses for tax purposes.

Used in the context of investments , this refers to the price of a stock or bond plus the broker's commission .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.