# basis

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## ba·sis

(bā′sĭs)
n. pl. ba·ses (-sēz′)
1. A fact or circumstance on which something is established: rumors with no basis in reality. See Synonyms at base1.
2. The chief constituent; the fundamental ingredient: The basis for most liquids is water.
3. The fundamental principle: Objective inquiry is the basis of science.
4.
a. A pattern or schedule for proceeding: on a weekly basis.
b. A condition for relating or proceeding: a first-name basis; a friendly basis.
5. Archaic A physical base on which something rests.

[Middle English, foundation upon which something rests, base, from Latin, from Greek, a stepping, that on which one stands, base; see gwā- in Indo-European roots.]

## basis

(ˈbeɪsɪs)
n, pl -ses (-siːz)
1. something that underlies, supports, or is essential to something else, esp an abstract idea
2. a principle on which something depends or from which something has issued
3. (Mathematics) maths (of a vector space) a maximal set of linearly independent vectors, in terms of which all the elements of the space are uniquely expressible, and the number of which is the dimension of the space: the vectors x, y, and z form a basis of the 3-dimensional space all members of which can be written as ax + by + cz.
[C14: via Latin from Greek: step, from bainein to step, go]

## ba•sis

(ˈbeɪ sɪs)

n., pl. -ses (-sēz).
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.
4. a basic fact, amount, standard, etc., used in making computations, reaching conclusions, or the like: to be paid on an hourly basis; to be chosen on the basis of merit.
[1525–35; < Latin < Greek básis step, place one stands on, pedestal =ba-, base of baínein to walk, step (akin to come) + -sis -sis; compare base1]
syn: See base1.
ThesaurusAntonymsRelated WordsSynonymsLegend:
 Noun 1 basis - a relation that provides the foundation for something; "they were on a friendly footing"; "he worked on an interim basis"foundation - the basis on which something is grounded; "there is little foundation for his objections"common ground - a basis agreed to by all parties for reaching a mutual understanding 2 basis - the fundamental assumptions from which something is begun or developed or calculated or explained; "the whole argument rested on a basis of conjecture"explanation - thought that makes something comprehensiblemeat and potatoes - the fundamental part; "successful negotiation is the meat and potatoes of arbitration"supposal, supposition, assumption - a hypothesis that is taken for granted; "any society is built upon certain assumptions" 3 basis - the most important or necessary part of something; "the basis of this drink is orange juice"basecomponent part, part, portion, component, constituent - something determined in relation to something that includes it; "he wanted to feel a part of something bigger than himself"; "I read a portion of the manuscript"; "the smaller component is hard to reach"; "the animal constituent of plankton"

## basis

noun
1. We're going to be meeting there on a regular basis.
2. foundation, support, base, ground, footing, theory, bottom, principle, premise, starting point, groundwork, point of departure, principal element, chief ingredient The UN plan is a possible basis for negotiation.
on the basis of Our conclusions were drawn on the basis of these medical reports.

## basis

noun
1. The lowest or supporting part or structure:
2. That on which something immaterial, such as an argument or a charge, rests:
base, footing, foundation, fundament, ground (often used in plural), groundwork, underpinning (often used in plural).
3. A justifying fact or consideration:
4. An established position from which to operate or deal with others:
footing, status, term (often used in plural).
5. A fundamental principle or underlying concept:
Translations
أَسَاسأساس، قاعِده، أصْل
basisgrundlag
baas
perustakanta
na osnovi
undirstaîa; meginòáttur

토대
pamatas
pamats
osnova
basbasisgrund
รากฐาน
cơ sở

## basis

[ˈbeɪsɪs]
A. N (bases (pl)) (= foundation) → base f
on a daily basis
on the basis of what you've saiden base a lo que ha dicho
B. CPD basis point N (Fin) →

## basis

[ˈbeɪsɪs] [bases] [ˈbeɪsɪz ˈbeɪsiːz ˈbeɪsiːz] (pl) n
(= foundation) → base f
to have a basis in fact [rumour, notion] → être fondé(e)
on the basis of (= according to) → compte tenu de (= to judge by) → au vu de
on the basis of what you've said → compte tenu de ce que vous avez dit
on the basis of the offers we've had so far → au vu des offres que nous avons reçues jusqu'à présent
(= starting point) → point m de départ
a basis for → un point de départ pour
on a daily basis (= daily) → quotidiennement
on a regular basis (= regularly) → régulièrement
on a voluntary basis (= voluntarily) → volontairement
on a part-time basis → à temps partielbasis point n (BUSINESS)point m de base

## basis

n pl <bases>
(of food, mixture etc)Basis f, → Grundlage f
(fig: = foundation) → Basis f; (for assumption) → Grund m; we’re working on the basis that …wir gehen von der Annahme aus, dass …; to be on a sound basis (business); (theory)auf einer soliden Basis ruhen; to put something on a sounder basiseiner Sache (dat)eine solidere Basis geben, etw auf eine solidere Basis stellen; on the basis of this evidenceaufgrund dieses Beweismaterials; to approach a problem on a scientific basisan ein Problem wissenschaftlich herangehen

## basis

[ˈbeɪsɪs] n (bases (pl)) [ˈbeɪsiːz] (foundation) →
on the basis of what you've said → in base a quello che hai detto

## basis

(ˈbeisis) plural ˈbases (-siːz) noun
that on which a thing rests or is founded. This idea is the basis of my argument.

## basis

základ grundlag perusta na osnovi 基礎 토대 bas รากฐาน cơ sở
References in periodicals archive ?
Historically, it was defended by the tacit acknowledgement that, upon a taxpayer's demise, accurate asset tax basis identification would be extraordinarily challenging, (5) often marred by a lifetime of poor record keeping.
In order to make a rational decision about what you want to put in a partnership agreement, you really should know what the capital accounts of the partners will look like, what the allocation flexibilities are in terms of payment of taxes and adjusted items that occur either at the partnership or the partner level, and the tax basis of assets held by the partnership and the partners tax basis in their partnership interests, he said.
In the 2009 ruling, the IRS created a distinction in the tax basis between policies that are surrendered and policies that are sold in a life settlement.
1) One significant tax benefit that results from certain acquisitions is a tax basis step-up.
For estate tax purposes, the tax practitioner will be working to minimize the tax by reducing the value and subsequent tax basis of assets as much as possible through the use of discounts and other adjustments.
Robbins and Bush present readers with a complete examination of the calculation of actuarial tax basis liabilities and assets, as well as an introduction to statutory and tax reserve planning.
Any amount exceeding the corporation's E&P is treated as a reduction in the stock's adjusted tax basis.
Because the property is acquired by purchase, the buyer's tax basis is equal to cost (IRC section 1012[a]), which is by definition less than the seller's tax basis.
It's important to know the tax basis in your home and keep accurate records.
Basically, the tax basis irrevocable trust is a living trust that is structured to achieve a step up in the income tax basis of property owned by either spouse on the death of either spouse.
This increased tax basis will ultimately reduce the gain on any future stock sale, generating more after-tax cash to the owner.
The new method is intended to minimize the basis disparities between foreign and domestic assets that may arise when taxpayers use adjusted tax basis to value assets under the TBV method.

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