cost basis Meaning in Cambridge Business English Dictionary
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Meaning of "cost basis" - Business English Dictionary

cost basis

noun [S]
 
 
FINANCE the original price that something cost to buy, rather than what it is worth now, used, for example, to decide how much tax must be paid: The cost basis is used to determine the capital loss or capital gain on an investment.
(Definition of cost basis from the Cambridge Business English Dictionary © Cambridge University Press)
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