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| Definition Of: |
Adjusted Basis
Price from which to calculate and derive capital gains or losses upon sale of an asset. Account actions such as any stock splits that have occurred since the initial purchase must be accounted for.
The undepreciated amount of an asset's original basis. Used for tax purposes to calculate the gain or loss on disposition of an asset.
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General INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 A: Page 1 of 37.
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